Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | SESU | Common Stock, $0.01 par value per share | 9.92M | Jan 7, 2022 | Direct | ||||||
holding | SESU | Class A Preferred Stock, $0.001 par value | 23.9K | Jan 7, 2022 | Direct | F1 | |||||
holding | SESU | Class B Preferred Stock, $0.001 par value | 28K | Jan 7, 2022 | Direct | F1 |
Id | Content |
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F1 | Each share of preferred stock has a conversion rate of 1 to 1,000 common shares and such conversion can occur subject to various performance condition, service conditions and lock up period that will vary for each of the issuances. When conversion is available it shall be at the discretion of the preferred shareholder. Sale of the converted shares shall not occur until sixty (60) months after a NASDAQ listing. There shall be no dividend rights assigned to the preferred shares. There shall be no registration rights attached to the converted shares. Voting rights per preferred share are 1,000 common shares. |