ClarificationAug 6, 2026, 05:33 PM
Astrotech Amends 10-Q for Series D Preferred Stock Conversion
AI Summary
Astrotech Corporation filed an Amendment No. 1 on Form 10-Q/A to its Quarterly Report for the period ended March 31, 2026. The amendment solely corrects an administrative error in the 'Stockholders’ Equity' section regarding the number of shares issuable upon conversion of its Series D convertible preferred stock. The Series D Preferred Shares are convertible on a one-for-thirty basis, representing approximately 9,363 shares of common stock. No other changes were made to the original filing.
Key Highlights
- Filed Amendment No. 1 on Form 10-Q/A for the quarterly period ended March 31, 2026.
- Corrects an inadvertent administrative error in the 'Stockholders’ Equity' section.
- Error concerned the number of shares issuable upon conversion of Series D convertible preferred stock.
- Series D Preferred Shares are convertible to common stock on a one-for-thirty basis.
- This conversion represents approximately 9,363 shares of common stock.
- No other changes or updates were made to the original Form 10-Q.
Price Impact
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