VIVOS INC [RDGL] - / Director Series C to Series D Preferred Stock Exchange
VIVOS INC completed a share exchange on October 7, 2026, where a Director exchanged 385,302 shares of Series C Convertible Preferred Stock for an equal number of Series D Preferred shares, with the Series D shares having a conversion price of $0.08 per share.
Why this matters
VIVOS INC, a company operating in the surgical and medical instruments sector, recently completed a share exchange involving its preferred stock. On October 7, 2026, a Director of VIVOS INC exchanged 385,302 shares of Series C Convertible Preferred Stock for an equal number of Series D Preferred shares. The Series D shares have a conversion price of $0.08 per share. This transaction resulted in the elimination of all Series C Preferred shares and increased the total outstanding Series D Preferred shares to 635,302. The exchange was executed under customary representations and warranties, and the new Series D shares are exempt from registration under the Securities Act of 1933.