other material
confidence high
sentiment neutral
materiality 0.50
AMASS Brands amends Series C Preferred terms and requests $2M purchase from Streeterville
AMASS BRANDS
- On Aug 19, 2026, filed Amended and Restated Certificate of Designation for Series C Convertible Preferred Stock (35,000 authorized shares).
- Amendments revise liquidation, conversion pricing, optional redemption, event-of-default remedies, and remove redemption rights except on liquidation.
- Delivered request to Streeterville Capital, LLC for purchase of additional Series C Preferred shares with aggregate purchase price of $2,000,000; Investor obligated to close.
- Amended certificate approved by majority of Series C holders and Board on Aug 19, 2026.