DealsOct 8, 2026, 04:51 PM
Vivos Inc. Director Buys $250K Stock, Exchanges Series C for Series D
AI Summary
Vivos Inc. announced a Stock Purchase and Exchange Agreement with a Board Director, Carl Cadwell. Cadwell purchased 250,000 shares of Series D Convertible Preferred Stock for $250,000 and exchanged 385,302 shares of Series C Convertible Preferred Stock for an equal number of Series D shares. This transaction results in no outstanding Series C Preferred Stock and 635,302 shares of Series D Preferred outstanding.
Key Highlights
- Director Carl Cadwell purchased 250,000 shares of Series D Convertible Preferred Stock for $250,000.
- Director Carl Cadwell exchanged 385,302 shares of Series C Convertible Preferred Stock for 385,302 shares of Series D Convertible Preferred Stock.
- Following the transaction, no shares of Series C Preferred remain outstanding.
- There are now 635,302 shares of Series D Preferred outstanding with a conversion price of $0.08 per share.
Price Impact
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