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0.00643776824034329 0.00643776824034329 0.000278969957081505 0 0.0128755364806867 0.0150214592274679 0.0128755364806867 0.0150214592274679
Stock impact report

Blue Bird Corporation Announces Mandatory Conversion Of 7.625% Series A Convertible Cumulative Preferred Stock

Blue Bird Corporation (BLBD) 
Last blue bird corporation earnings: 2/12 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.perseonmedical.com
Company Research Source: Business Wire
Projected To Save $2.3 Million in Cash Dividends Per Annum MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (NASDAQ: BLBD) (the “Company”) today announced the exercise of the Company’s right to convert the maximum number of outstanding shares of its 7.625% Convertible Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”) into shares of common stock, $0.0001 per share, of the Company (“Common Stock”), subject to a beneficial ownership limitation. The beneficial ownership limitation prohibits the Company from effecting a conversion of Series A Preferred Stock to the extent that, after giving effect to such conversion, the holder of the Series A Preferred Stock would beneficially own in excess of 9.99% of the outstanding Common Stock (the “Beneficial Ownership Limitation”), unless such holder waives the limitation upon 65 days’ notice to the Company. On April 2, 2018 Show less Read more
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