DataMeds AI files draft information statement (Form PRE 14C)
Bitget2026/10/13 16:49- DataMeds AI shareholders authorized an amendment to add 1,000,000 shares of blank-check preferred stock.
- Board gained flexibility to set terms for new preferred series, including voting, dividend, liquidation, conversion rights, restrictions.
- Plan includes designating 25,000 shares as Series A Convertible Preferred Stock tied to conversion of May 2026 Notes.
- May 2026 Notes total principal of $21,132,812.50; PIPE Warrants cover up to 8,298,225 common shares at $7.50.
- Shareholders also authorized five directors, ratified Suri & Co. as auditor for fiscal 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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