other_material
confidence high
sentiment positive
materiality 0.75
AMASS Brands completes Nasdaq direct listing; Series C Preferred created
AMASS BRANDS
- Common stock began trading May 20, 2026 on Nasdaq Capital Market under ticker AMSS; no new shares issued in direct listing.
- Cumulative revenue >$80M, sold >5.7M bottles, distribution in 40,000+ points of sale.
- Portfolio includes Good Twin Non-Alcoholic Wine and Summer Water Rosé; nine brands across fastest-growing beverage segments.
- Created Series C Convertible Preferred: 35,000 shares authorized, senior to common, 2% quarterly preferred return (compounding).
- Series C holders can convert to common at fixed or market price; company may redeem at 115% after 6 months; restrictive covenants apply.
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