Qualigen closes $4.5M private placement of Series A-3 Preferred; conversion price $2.80

AIxCrypto Holdings, Inc.

Issued 4,500 Series A-3 Preferred shares at $1,000 each for $4.5M gross proceeds.
Initial conversion price $2.80 per share; convertible into 1,607,143 common shares.
Net proceeds to be used for working capital; up to $500k for investor relations.
Automatic reduction of Series A-2 conversion price from $3.64 to $2.80 triggered.
Company to file S-1 registration statement for resale of underlying shares within 45 days.

item 1.01 item 5.03 item 3.02 item 7.01 item 8.01 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

AIxCrypto Holdings, Inc.: Company filed Second Amended and Restated Certificate of Designation for Series A-3 Preferred Stock (effective 2025-07-28).

Change: charter amendment
Effective: 2025-07-28

Exact text from the filing

On July 28, 2025, in connection with the private placement described under Item 1.01 of this Current Report on Form 8-K, the Company filed a Second Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of Series A-3 Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware.

View on SEC.gov

Browse all governance changes →

AIxCrypto Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-021174

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.