Chart Industries Inc. has announced that on December 15, 2025, each outstanding depositary share of its 6.75% Series B Mandatory Convertible Preferred Stock will automatically convert into common stock. Each depositary share, representing a 1/20th interest in a share of preferred stock, will convert into 0.3526 shares of common stock, reflecting a conversion rate determined by the average share price over a specified period. No action is required by holders for the conversion, and any fractional shares will be settled in cash. Trading of the depositary shares is expected to be suspended prior to the conversion date, after which the shares will be delisted.
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