other material
confidence high
sentiment neutral
materiality 0.55
AXIL reduces authorized common from 450M to 15M shares; preferred from 300M to 28M shares
Axil Brands, Inc.
- On May 19, 2025, AXIL filed a Certificate of Amendment decreasing authorized common from 450M to 15M shares.
- Authorized preferred stock reduced from 300M to 28M shares; Series A Preferred decreased from 250M to 27,773,500 shares.
- Amendment approved by majority stockholder written consent as disclosed in the April 28, 2025 Schedule 14C.
- Change effective upon filing with Delaware Secretary of State on May 19, 2025.