Jun. 4 at 12:19 PM
$AMOD As a result of the transaction:
Mezzanine Equity to be reduced by
$31,151,393
Significantly reducing preferred equity overhang and long-term liabilities.
Common Stock to be increased by 26,515,152 shares and
$2,651
Reflecting the conversion and aligning economic interests with all shareholders.
Additional Paid-in Capital to be increased by
$31,148,742
Boosting the Company's permanent equity base and financial flexibility.