ENvue Medical (FEED) removes Series H Floor Price for $2.5M right
Rhea-AI Filing Summary
ENvue Medical, Inc. entered into an Amendment Agreement with required holders of its Series H Convertible Preferred Stock. The parties agreed to amend the existing Certificate of Designations by filing a Certificate of Amendment that removes the defined Floor Price applicable to the Series H preferred.
In return, holders of the Preferred Stock agreed to exercise $2,500,000 of the Additional Investment Right described in the July 18, 2025 Securities Purchase Agreement. The Certificate of Amendment was filed with the Delaware Secretary of State on January 30, 2026 and became effective upon filing, modifying the rights and preferences of the Series H preferred shares.
Positive
- None.
Negative
- None.
Insights
ENvue exchanges Floor Price removal for a $2.5M additional investment right exercise.
ENvue Medical, Inc. and the required holders of its Series H Convertible Preferred Stock agreed to amend the preferred terms by removing the defined Floor Price from the Certificate of Designations through a Certificate of Amendment effective on January 30, 2026.
In consideration for this change, the holders agreed to exercise $2,500,000 of the Additional Investment Right provided under the July 18, 2025 Securities Purchase Agreement. This ties an adjustment in conversion economics directly to an incremental capital commitment under previously negotiated terms.
The change constitutes a material modification of security holder rights and an amendment to the company’s charter documents. Future disclosures may provide more detail on how the revised preferred stock terms interact with common shareholders and any subsequent investment activity by the Series H holders.
8-K Event Classification
FAQ
What did ENvue Medical (FEED) change in its Series H preferred stock terms?
ENvue Medical amended the Certificate of Designations for its Series H Convertible Preferred Stock. The company filed a Certificate of Amendment removing the defined Floor Price from those preferred share terms, effective upon filing with the Delaware Secretary of State on January 30, 2026.
Why did ENvue Medical (FEED) agree to remove the Floor Price on its Series H preferred?
The required holders of ENvue’s Series H preferred agreed to an amendment removing the Floor Price in exchange for exercising $2,500,000 of the Additional Investment Right provided under the July 18, 2025 Securities Purchase Agreement between the company and those holders.
What is the size of the Additional Investment Right exercised in ENvue Medical’s 8-K?
The holders of ENvue Medical’s Series H Convertible Preferred Stock agreed to exercise $2,500,000 of the Additional Investment Right. This right is described in the Securities Purchase Agreement dated July 18, 2025, which governs the preferred stock financing arrangements.
When did ENvue Medical’s amendment to the Series H preferred terms become effective?
The Certificate of Amendment to the Series H Convertible Preferred Stock Certificate of Designations became effective upon filing with the Delaware Secretary of State. ENvue Medical filed this Certificate of Amendment on January 30, 2026, making the changes effective that same day.
How does ENvue Medical’s 8-K affect rights of Series H preferred security holders?
The 8-K describes a material modification to rights of Series H preferred holders by removing the Floor Price term from the Certificate of Designations. This change is implemented through the Certificate of Amendment effective upon filing in Delaware.