Get the free Certificate of Designation Series A Preferred Stock

This document certifies the creation and terms of the Series A Preferred Stock for Harris Interactive Inc., outlining its rights, preferences, and powers as authorized by the Board of Directors.

How to fill out certificate of designation series

How to fill out Certificate of Designation Series A Preferred Stock

1. Title the document as 'Certificate of Designation'.
2. Specify the name of the corporation.
3. Include the date of filing with the Secretary of State.
4. State the series name as 'Series A Preferred Stock'.
5. Define the total number of shares authorized for Series A.
6. Specify the par value per share.
7. Detail the rights and preferences of Series A Preferred Stock, including dividend rights, voting rights, and liquidation preferences.
8. Sign the certificate by an authorized officer of the corporation.
9. File the signed document with the appropriate state agency.

Who needs Certificate of Designation Series A Preferred Stock?

1. Corporations looking to establish a new class of preferred stock.
2. Investors interested in purchasing Series A Preferred Stock.
3. Legal and compliance officers ensuring corporate governance.
4. Company founders and executives involved in fundraising efforts.

People Also Ask about

What is an example of a preferred stock?

What Is an Example of a Preferred Stock? Consider a company issuing a 7% preferred stock at a $1,000 par value. In turn, the investor would receive a $70 annual dividend, or $17.50 quarterly. Typically, this preferred stock will trade around its par value, behaving more similarly to a bond.

What is a certificate of designation for preferred stock?

A Certificate of Designations is an instrument filed with a governmental authority such as the secretary of state that establishes or designates the rights of a class or series of shares of a company's preferred stock.

What is the official stock certificate?

A stock certificate is a physical piece of paper that represents a shareholder's ownership of a company. Stock certificates include information such as the number of shares owned, the date of purchase, an identification number, usually a corporate seal, and signatures.

What is the downside of preferred stock?

Among the downsides of preferred shares, unlike common stockholders, preferred stockholders typically have no voting rights. And although preferred stocks offer greater price stability – a bond-like feature – they don't have a claim on residual profits.

For pdfFiller’s FAQs

What is Certificate of Designation Series A Preferred Stock?

The Certificate of Designation Series A Preferred Stock is a legal document that details the rights, privileges, and restrictions associated with a specific series of preferred stock issued by a corporation.

Who is required to file Certificate of Designation Series A Preferred Stock?

The corporation issuing the Series A Preferred Stock is required to file the Certificate of Designation with the appropriate state authorities or regulatory bodies, typically during the process of creating the share class.

How to fill out Certificate of Designation Series A Preferred Stock?

To fill out the Certificate of Designation, a corporation must provide specific details such as the name of the corporation, the series designation, rights and privileges of the shares, liquidation preferences, and any other terms designated by the board of directors.

What is the purpose of Certificate of Designation Series A Preferred Stock?

The purpose of the Certificate of Designation is to formally create a series of preferred stock and clearly outline the specific terms and conditions that govern that series, thus providing clarity for investors and the corporation.

What information must be reported on Certificate of Designation Series A Preferred Stock?

The Certificate of Designation must report information such as the number of shares authorized for that series, the rights to dividends, liquidation preferences, voting rights, and any other specific terms applicable to the Series A Preferred Stock.