Zeo ScientifiX amends Series C Preferred redemption terms to allow assignment with board consent

Zeo ScientifiX, Inc.

Amendment permits assignment of Series C Preferred with prior board consent without triggering redemption.
Series C Preferred gives Skycrest Holdings and Greyt Ventures 25.5% voting power each (51% total).
Common stock ownership threshold for Skycrest/Greyt that triggers redemption provision has been adjusted.

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

Zeo ScientifiX, Inc.: Amended the Certificate of Designation of Series C Non-Convertible Preferred Stock to modify redemption provision (effective 2024-12-17).

Change: charter amendment
Effective: 2024-12-17

Exact text from the filing

On December 17, 2024, we filed an Amendment (the “ Amendment ”) to the Certificate of Designation (the “ Certificate of Designation ”) of our Series C Non-Convertible Preferred Stock (the “ Series C Preferred Shares ”) with the Secretary of State of Nevada.

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Source: SEC EDGAR

accession 0001829126-24-008411

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