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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer subject to Section 16. Form 4 or Form 5
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Converts into common stock is the process by which convertible securities, such as preferred stock or bonds, are transformed into common stock.
Companies or individual investors who hold convertible securities that are being converted into common stock are required to file converts into common stock.
To fill out converts into common stock, you must provide details about the convertible securities being converted, the number of shares being issued, the conversion price, and any other relevant information.
The purpose of converts into common stock is to allow holders of convertible securities to exchange them for ownership in the issuing company.
Information such as the names of the parties involved, the date of conversion, the number of shares being issued, and any relevant terms of the conversion must be reported on converts into common stock.
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