NetBrands creates Series B Preferred Stock convertible into common shares

NetBrands Corp.

25,000 shares of Series B Preferred authorized as of September 8, 2025.
Series B has no voting, dividend, or liquidation rights except as required by law.
Each Series B share is convertible at holder's option into 1,000 shares of common stock.
Potential conversion into up to 25,000,000 common shares if all Series B converted.

item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NetBrands Corp.: Filing of Certificate of Designation for Series B Preferred Stock (effective 2025-09-08).

Change: charter amendment
Effective: 2025-09-08

Exact text from the filing

On September 8, 2025, the Company received notice of the filing of its Certificate of Designation for a class of Preferred Stock designated as Series B Preferred Stock (“Series B Preferred”) consisting of 25,000 shares.

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Source: SEC EDGAR

accession 0001493152-25-012988

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