Retension COO Bisson converts preferred shares
Each preferred share converted automatically into one common share immediately before the IPO closed, without payment of consideration.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Retension Pharmaceuticals, Inc. Chief Operating Officer Sabine Bisson reported that on October 13, 2026, 1,611 shares of Series A Convertible Preferred Stock and 2,504 shares of Series B Convertible Preferred Stock converted automatically into the same respective numbers of common shares immediately before the issuer’s initial public offering closed. The conversions were made without payment of consideration. The reported remaining balance of each preferred-stock series after conversion was 0 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A Convertible Preferred Stock F1 | 1,611 | -- | -- |
| Conversion | Series B Convertible Preferred Stock F2 | 2,504 | -- | -- |
| Conversion | Common Stock F1 | 1,611 | -- | -- |
| Conversion | Common Stock F2 | 2,504 | -- | -- |
Footnotes (2)
- F1. Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") converted automatically into one share of Common Stock immediately prior to the closing of the Issuer's initial public offering without payment of consideration. The Series A Preferred Stock had no expiration date.
- F2. Each share of Series B Convertible Preferred Stock (the "Series B Preferred Stock") converted automatically into one share of Common Stock immediately prior to the closing of the Issuer's initial public offering without payment of consideration. The Series B Preferred Stock had no expiration date.
Key Figures
Key Terms
Series A Convertible Preferred Stock financial
Series B Convertible Preferred Stock financial
initial public offering financial
FAQ
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Did Sabine Bisson pay for the RTSN preferred-stock conversion?
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