Glucose Health, Inc. successfully completed a preferred stock conversion, with 97% of dividend-bearing convertible preferred stock classes converted into common stock at $0.25 per share. The remaining 3% of shares, representing accrued dividends, were canceled through an in-kind conversion into common stock at $0.10 per share. This conversion streamlines the company’s capital structure, with 27,309,271 issued and outstanding common shares and 10,524,984 shares in the public float. Glucose Health, Inc.’s focus on soluble fiber nutrition aligns with national public-health priorities, positioning the company at the forefront of consumer demand for metabolic-wellness solutions.
Read more at GlobeNewswire: Glucose Health, Inc. Completes Preferred Stock Conversion
