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8-K: Current report

8-K: Current report

8-K:重大事件
美股SEC公告 ·  06/27 09:02

Moomoo AI 已提取核心信息

SoundHound AI, Inc. has announced the mandatory automatic conversion of its Series A Convertible Preferred Stock into Class A common stock. This conversion affects the remaining holders of 58,574 shares of Series A Preferred Stock, following the conditions set forth in the Certificate of Designations being met. The trigger for this conversion was the company's Class A common stock achieving a daily volume-weighted average closing price of at least $2.50 for 90 trading days within a 120 consecutive trading day period starting February 14, 2024. As a result, 2,134,631 shares of Class A common stock are expected to be issued to the holders of the Series A Preferred Stock. The conversion, which took place on June 24, 2024, will result in no shares of Series A Preferred Stock remaining outstanding. The announcement was made in a Current Report on Form 8-K filed with the SEC, and the conversion is in line with the terms described in the Certificate of Designations filed with the State of Delaware.
SoundHound AI, Inc. has announced the mandatory automatic conversion of its Series A Convertible Preferred Stock into Class A common stock. This conversion affects the remaining holders of 58,574 shares of Series A Preferred Stock, following the conditions set forth in the Certificate of Designations being met. The trigger for this conversion was the company's Class A common stock achieving a daily volume-weighted average closing price of at least $2.50 for 90 trading days within a 120 consecutive trading day period starting February 14, 2024. As a result, 2,134,631 shares of Class A common stock are expected to be issued to the holders of the Series A Preferred Stock. The conversion, which took place on June 24, 2024, will result in no shares of Series A Preferred Stock remaining outstanding. The announcement was made in a Current Report on Form 8-K filed with the SEC, and the conversion is in line with the terms described in the Certificate of Designations filed with the State of Delaware.
SoundHound AI公司宣布强制将其A系列可转换优先股转换为A类普通股。此次转换影响了仍持有58,574股A系列优先股的股东,前提是符合证书规定的条件。此次转换的触发条件是公司的A类普通股在从2024年2月14日开始的连续120个交易日中有90个交易日的日成交量加权平均收盘价至少为2.50美元。因此,预计将向A系列可转换优先股持有人发行2,134,631股A类普通股。此次转换于2024年6月24日进行,不会剩余任何A系列可转换优先股。该公告发布于提交给SEC的8-K表格中,并且转换符合提交给德拉华州的“规格证明书”中的条款。
SoundHound AI公司宣布强制将其A系列可转换优先股转换为A类普通股。此次转换影响了仍持有58,574股A系列优先股的股东,前提是符合证书规定的条件。此次转换的触发条件是公司的A类普通股在从2024年2月14日开始的连续120个交易日中有90个交易日的日成交量加权平均收盘价至少为2.50美元。因此,预计将向A系列可转换优先股持有人发行2,134,631股A类普通股。此次转换于2024年6月24日进行,不会剩余任何A系列可转换优先股。该公告发布于提交给SEC的8-K表格中,并且转换符合提交给德拉华州的“规格证明书”中的条款。
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