AI English summary of an SEC filing — figures as filed
The company said all outstanding shares of its 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B were redeemed on September 16, 2024 in accordance with the terms of the Certificate of Designations. No shares of Series B preferred stock remain outstanding.
Key points
AI summaryThe company said all outstanding shares of its 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B were redeemed on September 16, 2024 in accordance with the terms of the Certificate of Designations. No shares of Series B preferred stock remain outstanding.
The company said it filed a Certificate of Elimination with the Delaware Secretary of State on September 17, 2024, eliminating the Certificate of Designations for its Series B preferred stock.
The company said that after the Certificate of Elimination was filed, all previously authorized Series B preferred shares reverted to undesignated preferred stock, with a par value of $1.00 per share.
The company said it attached the Certificate of Elimination for the Series B preferred stock as Exhibit 3.1. The document was filed with the Delaware Secretary of State and became effective on September 17, 2024.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Series B Preferred Stock Fully Redeemed
The company said all outstanding shares of its 6.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B were redeemed on September 16, 2024 in accordance with the terms of the Certificate of Designations. No shares of Series B preferred stock remain outstanding.
Source · Based on the filing body and exhibits
Certificate of Elimination Filed
The company said it filed a Certificate of Elimination with the Delaware Secretary of State on September 17, 2024, eliminating the Certificate of Designations for its Series B preferred stock.
Source · Based on the filing body and exhibits
Authorized Shares Revert to Undesignated Preferred Stock
The company said that after the Certificate of Elimination was filed, all previously authorized Series B preferred shares reverted to undesignated preferred stock, with a par value of $1.00 per share.
Source · Based on the filing body and exhibits
Exhibit 3.1 Attached and Effective Date
The company said it attached the Certificate of Elimination for the Series B preferred stock as Exhibit 3.1. The document was filed with the Delaware Secretary of State and became effective on September 17, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…