Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | SESU | Common Stock, $0.01 par value per share | 3.08M | Jan 18, 2022 | Direct | ||||||
holding | SESU | Class B Preferred Stock, $0.001 par value | 500 | Jan 18, 2022 | Direct | F1 |
Id | Content |
---|---|
F1 | Each share of preferred stock has a conversion rate of 1 to 1,000 common shares and can be vested only upon certain performance condition of the share owner. 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. |