Provectus converted accrued but unpaid directors' fees through June 30, 2026 into Series D-1 Preferred Stock, issuing 189,554 preferred shares (convertible into 1,895,540 common shares) to current board members.
| IndividualCurrent Board Members | RoleDirectors (Board members) | Type of ChangeIssuance of Preferred Stock to satisfy accrued fees | Effective DateMay 14, 2026 (approval); fees accrued through June 30, 2026 | ReasonTo satisfy outstanding cash fees owed to directors | Replacement InfoNot disclosed | Background DetailsAccrued fees total $542,500 converting into 189,554 Series D-1 Preferred shares (convertible into 1,895,540 common shares); issuance not under 2024 Equity Compensation Plan | Board/Committee Role ChangesNot disclosed |
Original SEC Filing:
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