MicroStrategy Incorporated (NASDAQ:MSTR), a finance services company with a market capitalization of $84.5 billion, announced on Wednesday the issuance of 7.3 million shares of a new preferred stock ...
Preferred stock issuances by Delaware corporations are often effected through a board’s “blank check” power contained in a company’s certificate of incorporation and permitted by Section ...
State Street Corporation (NYSE: STT) announced the issuance and sale of 750,000 depositary shares, each representing a 1/100th ownership interest in a share of State Street’s Fixed Rate Reset ...
Regional Health Properties (RHE) announced that its board of directors declared a dividend to the holders of its 12.5% Series B Cumulative ...
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA (CUSIP No. 060505EP5), liquidation ...
MicroStrategy estimates that the net proceeds to it from the offering will be approximately $563.4 million, after deducting the underwriting discounts and commissions and MicroStrategy's estimated ...
In addition, the Board has elected not to declare a monthly cash dividend on the Series E Preferred Stock for the month ending January 31, 2025. The certificate of designations for the Series E ...
MicroStrategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital. The perpetual strike preferred stock will ...