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Impact BioMedical Converts Preferred Stock to Common

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Impact BioMedical Converts Preferred Stock to Common

TipRanks Cyber Monday Sale

Impact BioMedical, Inc. ( (IBO) ) has shared an update.

On October 30, 2023, Impact BioMedical, Inc. announced that DSS BioHealth Security, Inc. has converted its Series A Convertible Preferred Stock into 60,496,041 shares of common stock. This conversion could potentially impact the company’s market operations by increasing the number of common shares available, which may influence shareholder value and market perception.

More about Impact BioMedical, Inc.

Average Trading Volume: 219,531

Technical Sentiment Signal: Strong Sell

Find detailed analytics on IBO stock on TipRanks’ Stock Analysis page.

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