Strategy MSTRFinancing
Strategy plans an IPO of 5,000,000 shares of STRC preferred stock
Filed Jul 21, 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 21, 2025 it said it intends to conduct an IPO of 5,000,000 shares of its variable rate perpetual STRC preferred stock.
- The stated amount is $100 per share, and the initial monthly dividend rate is 9.00% per annum.
- Dividends, if declared by the board, are paid in cash on the last day of each month starting August 31, 2025.
- Net proceeds are for general corporate purposes, including bitcoin purchases and working capital.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.