- Entry
- $1.71
- Final
- $2.50 +46.2%
- Target
- —
- Score
- +1.00
1) Series F Preferred Structure (Contractual) Issuance and Terms (March 24–26, 2025): • PROP issued 148,250 shares of Series F Convertible Preferred Stock with a stated value of $1,000 per share (≈ $148.3 M total).  Dividend rights: • Cumulative dividend at 12% per year on stated value plus unpaid dividends.  • Company may pay dividends in common stock if it chooses to do so (not uncommon).  Conversion rights: • Holder can convert at any time into common …
— ORIGINAL POST ·
PROP
· r/wallstreetbets
· Jan 8, 2026