Strategy MSTRFinancing
Strategy announces a proposed IPO of 2,500,000 shares of STRD preferred stock
Filed Jun 2, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On June 2, 2025, it announced plans for an IPO of 2,500,000 shares of 10.00% Series A Perpetual Stride Preferred Stock (STRD).
- It is subject to market and other conditions; net proceeds are intended for general corporate purposes including bitcoin and working capital.
- Dividends are not mandatory: non-cumulative at 10.00% a year, paid only if declared.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.