Kodak extends preferred stock to 2029, pays down $50M debt; Q1 revenue up 7% on pricing gains

Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~2 min read

Key Changes

• high

  Series B Preferred Stock maturity extended from May 2026 to June 2029, eliminating near-term refinancing risk. Dividend rate increased to 6.0% from 4.0% and conversion price lowered to $10.00 from $10.50.

  MD&A: Series B Preferred Stock verify on EDGAR →
• high

  Company prepaid $50M of Term Loans in March 2026 with 1% premium and committed to additional $50M prepayment by June 2026, reducing debt burden and annual interest expense.

  MD&A: Term Loan Amendment verify on EDGAR →
• high

  Q1 2026 revenue grew 7% to $265M driven by pricing gains in Print ($10M) and Advanced Materials ($6M). Print segment EBITDA improved $12M year-over-year, reversing prior-year decline.

  MD&A: Revenue & Print Segment verify on EDGAR →