On April 16, 2026, IIOT-OXYS, Inc. amended its Certificate of Designation to increase the authorized shares of Series D Convertible Preferred Stock from 210 to 500 shares.
Key takeaways
The Board of Directors approved Amendment No. 1 on April 16, 2026, which was also approved by the sole Holder of Series D Preferred Stock.
The amendment increases the designated number of Series D Convertible Preferred Stock shares from 210 to up to 500 shares.
The increase to 500 shares cannot be further increased without the written consent of all Holders of the Series D Preferred Stock.
Each share of Series D Preferred Stock maintains a par value of $0.001 and a stated value of $1,200.