Glucose Health, Inc. Completes Preferred Stock Conversion at an 85% Premium Positioning Company for Rapid Growth [Yahoo! Finance]
GLUCOSE HEALTH INC (GLUC)
NASDAQ:AMEX Investor Relations:
glucosehealthinc.com/investor-faq
Company Research
Source: Yahoo! Finance
nutrition products for metabolic support, today announced the completion of a preferred stock conversion, in which 97% of dividend-bearing convertible preferred stock classes were converted into common stock at $0.25 per share. In addition, the remaining 3% of shares, which represent accrued dividends, earned but not paid to preferred shareholders, were cancelled through an in-kind conversion of accrued cash dividends into common stock at $0.10 per share. Following completion of the shareholder-friendly preferred stock exchange, Glucose Health, Inc. now maintains an enviable capital structure of 27,309,271 issued and outstanding common shares, and just 10,524,984 shares in the public float, which are eligible for trading in the open market. The conversion of preferred shares into common shares should also help to create additional liquidity for the shares of GLUC, which trade on the Over-the-Counter marketplace. Currently, Glucose Health, Inc. has a total of 2,200,000 issued and o
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News
- Glucose Health, Inc. Completes Preferred Stock Conversion at an 85% Premium Positioning Company for Rapid GrowthGlobeNewswire
- Glucose Health, Inc. Appoints Strategic Investor Christopher J. Jemapete to Its Board of DirectorsGlobeNewswire
- Glucose Health, Inc. Appoints Veteran Financial Executive Edmund “Ned” Burke to Its Board of DirectorsGlobeNewswire
- Glucose Health, Inc. Appoints Veteran Financial Executive Edmund “Ned” Burke to Its Board of DirectorsGlobeNewswire
- Glucose Health, Inc. (OTC: GLUC) Announces New Management Appointments and Strategic OutlookGlobeNewswire