StockWatch
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Biotechnology: Pharmaceutical Preparations
Corporate ActionApr 24, 2026, 04:37 PM

Forum Markets Eliminates Series B Preferred Stock Designations

AI Summary

Forum Markets, Inc. filed a Certificate of Elimination with the Delaware Secretary of State on April 23, 2026, to remove the designations, preferences, limitations, and relative rights of its Series B Convertible Preferred Stock. This action became effective on April 24, 2026. The company stated that no shares of the Series B Convertible Preferred Stock were ever issued or outstanding, simplifying its capital structure.

Key Highlights

  • Forum Markets filed a Certificate of Elimination on April 23, 2026.
  • The filing eliminates the designations of its Series B Convertible Preferred Stock.
  • The action became effective on April 24, 2026.
  • No shares of Series B Convertible Preferred Stock were ever issued or outstanding.