JX Luxventure Ltd. Converts Preferred Shares into 750,000 Common Stock Shares

Reuters
2025/08/29
<a href="https://laohu8.com/S/JXG">JX Luxventure</a> Ltd. Converts Preferred Shares into 750,000 Common Stock Shares

JX Luxventure Ltd. announced the conversion of Series F Convertible Preferred Stock into common stock, issuing a total of 750,000 shares of common stock to six holders. The conversion aligns with the terms set in the Certificate of Designation of Preferences, Rights and Limitations of Series F Convertible Preferred Stock. Additionally, the company distributed another 750,000 shares to employees and consultants under its New 2022 Equity Incentive Plan. Following these issuances, JX Luxventure Ltd. now has a total of 11,991,001 shares of common stock outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JX Luxventure Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-081757), on August 28, 2025, and is solely responsible for the information contained therein.

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