Lixte Biotechnology Holdings Inc. Announces Conversion of Series A Preferred Shares into Common Stock

Reuters
05-21
<a href="https://laohu8.com/S/LIXT">Lixte Biotechnology Holdings Inc.</a> Announces Conversion of Series A Preferred Shares into Common Stock

Lixte Biotechnology Holdings Inc. has announced the conversion of its 350,000 shares of Series A Convertible Preferred Stock into common stock. Originally issued to an investor in 2015 and 2016, these preferred shares will be converted into 72,917 shares of common stock. This move marks a significant step in the company's financial strategy as it seeks to streamline its equity structure.

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. Lixte Biotechnology Holdings Inc. 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: 0001641172-25-011701), on May 20, 2025, and is solely responsible for the information contained therein.

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