JX Luxventure 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.
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