Strategy MSTRFinancing
Strategy issues 11,764,700 shares of 10.00% STRD perpetual preferred stock
Filed Jun 10, 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 10, 2025 it completed the offering of 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock.
- Dividends are 10.00% a year on a $100 stated amount per share, non-cumulative, paid only if the board declares them.
- If declared, dividends are payable quarterly, beginning September 30, 2025.
- The shares rank senior to the common stock and junior to the Strike preferred stock and existing indebtedness.
Items reported
- 3.03 Holders' rights changed
- 5.03 Charter or bylaws
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.