Strategy MSTRFinancing
Strategy signs a $4.2 billion at-the-market sales agreement for STRD preferred stock
Filed Jul 7, 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 July 7, 2025, it signed a sales agreement to sell up to $4.2 billion of STRD preferred stock.
- Sales agents are TD Securities, Barclays, Benchmark, Clear Street and Morgan Stanley, with commissions of up to 2.0%.
- A certificate of amendment makes the STRK liquidation preference generally approximate its trading price, with a $100 floor.
- Morgan Stanley was added as a sales agent under the STRF sales agreement.
Items reported
- 5.03 Charter or bylaws
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.