Radnostix extends Series C preferred maturity
Radnostix Inc. has amended the terms of its Series C Convertible Redeemable Preferred Stock after approval by a majority of the Series C holders.
Rhea-AI Filing Summary
Radnostix Inc. has amended the terms of its Series C Convertible Redeemable Preferred Stock after approval by a majority of the Series C holders. The change extends the security’s maturity date by one year, moving it to February 28, 2028, while all other terms remain the same.
To implement this change, the company filed a Certificate of Amendment to the Statement of Designation for the Series C preferred stock with the Texas Secretary of State. The amendment formalizes the new maturity date without altering dividend, conversion, or other stated rights.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 3.03, 5.03, 9.01
3 items
Item 3.03
Material Modification to Rights of Security Holders
Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Approval date: May 14, 2026
New maturity date: February 28, 2028
Extension length: 1 year
+1 more
4 metrics
Approval date
May 14, 2026
Date majority of Series C preferred holders approved maturity change
New maturity date
February 28, 2028
Revised maturity for Series C Convertible Redeemable Preferred Stock
Extension length
1 year
Maturity date extended by an additional year from prior schedule
Certificate of Amendment filing date
May 19, 2026
Date filed with Secretary of State of Texas
Key Terms
Series C Convertible Redeemable Preferred Stock, Material Modification to Rights of Security Holders, Certificate of Amendment, Statement of Designation, +1 more
5 terms
Series C Convertible Redeemable Preferred Stock financial
"modification extends the maturity date of the Series C Convertible Redeemable Preferred Stock"
Material Modification to Rights of Security Holders regulatory
"Item 3.03. Material Modification to Rights of Security Holders."
Certificate of Amendment regulatory
"the Company filed a Certificate of Amendment to Statement of Designation"
A certificate of amendment is an official filing that updates a company’s founding documents—its legal “rulebook” that sets share structure, voting rules, name and basic purpose. Think of it like changing the blueprint of a building: small changes are paperwork, big ones can alter who owns how much and who controls decisions. Investors watch these filings because they can affect share counts, voting power, dilution and company value.
Statement of Designation regulatory
"Certificate of Amendment to Statement of Designation of the Series C Preferred Stock"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Radnostix Inc. (INIS) change about its Series C preferred stock?
Radnostix Inc. obtained approval to amend its Series C Convertible Redeemable Preferred Stock by extending its maturity date to February 28, 2028. All other terms of the preferred stock, including its designation and rights, remain unchanged under the new Certificate of Amendment.
When was the new maturity date for Radnostix (INIS) Series C preferred approved?
The new maturity date for Radnostix’s Series C Convertible Redeemable Preferred Stock was approved on May 14, 2026. A majority of the outstanding Series C shares consented, allowing the company to extend the maturity to February 28, 2028 via a Certificate of Amendment.
Does the Radnostix Inc. (INIS) amendment change other terms of the Series C preferred?
No, the amendment only extends the maturity date of the Series C Convertible Redeemable Preferred Stock to February 28, 2028. The filing explicitly states that all other terms of the Series C preferred stock remain unchanged following this approved modification.
How did Radnostix Inc. (INIS) implement the Series C preferred stock change?
Radnostix implemented the change by filing a Certificate of Amendment to the Statement of Designation for the Series C Convertible Redeemable Preferred Stock with the Texas Secretary of State. This formal filing reflects the newly approved February 28, 2028 maturity date.
Which SEC item does Radnostix (INIS) use to report this preferred stock change?
Radnostix reports the change under Item 5.03, covering amendments to articles of incorporation or bylaws, and references Item 3.03 for material modifications to rights of security holders. This structure highlights that the Series C preferred maturity extension affects holder rights.
AI-generated analysis. How Rhea-AI works. Not financial advice.
