Corporate ActionJul 1, 2026, 04:37 PM
Jaguar Health Completes Series O Preferred Stock Conversion; 4.86M Common Shares Outstanding
AI Summary
Jaguar Health completed the conversion of its Series O Convertible Preferred Stock into Common Stock on June 25, 2026. This follows a special one-time dividend of Series O Preferred Stock issued on March 4, 2026, which was retroactively adjusted for a 1-for-35 reverse stock split on April 30, 2026. Each share of Series O Preferred Stock converted into 3.209 shares of Common Stock. Following the conversion, the company has 4,857,211 shares of Common Stock issued and outstanding, with Eligible Warrants entitling holders to receive up to 839,000 additional common shares upon exercise.
Key Highlights
- Series O Preferred Stock conversion completed on June 25, 2026.
- Conversion ratio was 3.209 common shares for each Series O Preferred share.
- Post-conversion, 4,857,211 common shares are issued and outstanding.
- Eligible Warrants entitle holders to up to 839,000 common shares upon exercise.
- Special one-time Series O Preferred Stock dividend paid on March 4, 2026.
- Dividend was 0.1 Series O Preferred share per common share.
- 1-for-35 reverse stock split took effect on April 30, 2026.
Price Impact
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