cbdMD lowers Series B Conversion Price to $0.60
cbdMD amended its Series B Convertible Preferred Stock certificate to reduce the conversion price from an unspecified previous rate to $0.60, effective September 2, 2026. This change enhances the attractiveness for existing holders or prospective investors converting preferred shares into common equity.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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