secwatch.observer — SEC 8-K summary
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Issuer:     Datacentrex, Inc. (DTCX)
CIK:        0001853825
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001641172-25-016123
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thumzup Media designates Series C Convertible Preferred Stock with $60 stated value
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- Filed Certificate of Designation for 200,000 shares of Series C Convertible Preferred Stock at $60.00 stated value per share.
- Series C ranks junior to Series A and B Preferred, senior to Common Stock and any future preferred.
- Holders vote on as-converted basis; beneficial ownership limited to 4.99% or 9.99% at holder's option.
- Conversion price subject to equitable adjustment for stock splits, reverse splits, and similar events.
- On liquidation, Series C holders share net assets on as-converted basis, subordinate to Series A and B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853825/000164117225016123/0001641172-25-016123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853825/000164117225016123/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-016123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer