NeurAxis Inc. has announced the conversion of its Series B Preferred Stock into Common Stock. On the same day, three holders of the Series B Preferred Stock converted their shares, resulting in the issuance of an aggregate of 342,016 shares of Common Stock. This transaction was executed without a restrictive legend, in accordance with the company's effective registration statement. This conversion marks a significant financial move for NeurAxis Inc., as it adjusts its capital structure and potentially enhances its market liquidity.
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