MicroStrategy Amends Bylaws Following New Stock Offering

Reuters
11 Jun
MicroStrategy Amends Bylaws Following New Stock Offering

MicroStrategy Inc. announced amendments to its bylaws following the issuance of its new 10.00% Series A Perpetual Stride Preferred Stock. The changes include new provisions related to voting rights, business combination transactions, and repurchase rights in the event of a "Fundamental Change." Additionally, the company retains the option to redeem all outstanding shares under certain conditions.

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