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SEC Form 4 OMB APPROVALUNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549 OMB Number:32350287Estimated average understatement OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box
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Series B cum redeemable refers to a type of preferred equity security that provides the holder with a cumulative dividend and the option to redeem the shares under specified conditions.
Entities issuing Series B cum redeemable securities are required to file, typically including corporations and investment funds that are offering these securities to investors.
To fill out Series B cum redeemable, one must provide relevant information such as the number of shares, the dividend rate, redemption terms, and other pertinent details related to the offering.
The purpose of Series B cum redeemable is to raise capital while providing investors with the assurance of dividend payments and the option to redeem their investment at a later date.
Information that must be reported on Series B cum redeemable includes the issuance details, dividend payment history, redemption rights, and any changes in the terms of the securities.
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