Sadot restructures $12M Anira acquisition, eliminates conversion rights on preferred stock and note

Filed June 10, 2026 · Period ending June 8, 2026 · ~1 min read

Key Changes

• high

  Amended June 2 acquisition agreement for Anira Consulting to replace convertible securities with non-convertible instruments, eliminating potential dilution from conversion of $6.6M Series B Preferred and $5M note into common stock.

  Item 1.01 verify on EDGAR →
• high

  Series B Preferred Stock (1,000 shares, $6.6M stated value) now non-convertible and non-voting, with liquidation preference ahead of common but behind existing Series A; company can redeem at stated value anytime.

  Item 3.03 view on EDGAR →
• medium

  $5M promissory note carries zero interest, matures June 2028, with early prepayment discount of 1% per month remaining (e.g., 12% discount if prepaid one year early).

  Item 1.01 verify on EDGAR →