VoIP-Pal.com updates Series A preferred stock
VoIP-Pal.Com Inc. reported that its board of directors approved an amendment to its Series A preferred stock designation.
Rhea-AI Filing Summary
VoIP-Pal.Com Inc. reported that its board of directors approved an amendment to its Series A preferred stock designation. On July 29, 2025, the board increased the number of shares of Series A preferred stock, with a par value of $0.01 per share, from 1,500,000 to 1,750,000. This change expands the authorized amount of this specific preferred class.
To implement the increase, the company filed an amendment to its existing Certificate of Designation with the Nevada Secretary of State, dated August 28, 2025, following earlier amendments in 2023, 2024 and March 2025. The amendment does not alter the existing voting powers, preferences, or other rights of the Series A preferred stock, which remain as set out in the original Certificate of Designation.
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8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change did VoIP-Pal.Com Inc. (VPLM) make to its capital structure?
VoIP-Pal.Com Inc. increased the number of shares of its Series A preferred stock from 1,500,000 to 1,750,000, expanding the authorized amount of this preferred class.
When did VPLM approve the increase in Series A preferred stock?
The board of VoIP-Pal.Com Inc. approved the increase in Series A preferred stock on July 29, 2025.
How was the Series A preferred stock increase made effective?
VoIP-Pal.Com Inc. filed an amendment to its Certificate of Designation with the Nevada Secretary of State, dated August 28, 2025, to effect the increase in Series A preferred stock shares.
What exhibit relates to the amendment for VPLM’s Series A preferred stock?
The amendment to the Certificate of Designation dated August 28, 2025, is filed as Exhibit 3.12 to the report.
AI-generated analysis. How Rhea-AI works. Not financial advice.