Corporate ActionMay 8, 2026, 06:08 AM
LataMed AI Designates Series C Voting Preferred Stock
AI Summary
LataMed AI Corp. (formerly Catalyst Crew Technologies Corp.) announced that its Board of Directors approved the designation of a new Series C Voting Preferred Stock. The company filed a Certificate of Designation with the Nevada Secretary of State to establish the rights, preferences, and limitations of this new series. Key terms include 5,000,000 authorized shares, twenty votes per share, non-convertibility, and a liquidation preference senior to common stock.
Key Highlights
- LataMed AI Corp. Board approved the designation of Series C Voting Preferred Stock.
- Authorized 5,000,000 shares of Series C Voting Preferred Stock.
- Each Series C share is entitled to twenty (20) votes, voting with common stock.
- Series C Preferred Stock is non-convertible and non-redeemable.
- Liquidation preference is senior to Common Stock and pari passu with other preferred stock.
- Protective provisions require majority Series C holder approval for certain corporate actions.
Price Impact
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