Luna Innovations Announces Conversion of Preferred Shares
Luna Innovations Incorporated (LUNA)
Last luna innovations incorporated earnings: 3/5 04:05 pm
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Source: Business Wire
Dividend Payment to former Preferred Holder Ceases ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Carilion Clinic has provided notice to convert their 1.3 million shares of Series A convertible preferred stock into common stock on a one-for-one basis effective September 30, 2019. Per the terms of the Series A convertible preferred stock as set forth in the Certificate of Designations, the accrual of dividends will also cease as of September 30, 2019, due to Luna’s share price maintaining a level of $5.16 or above for more than 30 consecutive trading days, which was achieved as of September 19, 2019.“Carilion Clinic has been, and continues to be, an incredibly supportive long-term shareholder of Luna Innovations,” said Scott A. Graeff, President and CEO. “Carilion’s original investment more than a decade ago helped Luna to successfully pursue a path for growth and sustainable
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LUNA
News
- Luna Innovations Incorporated (NASDAQ: LUNA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Luna Innovations Receives Additional Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-QBusiness Wire
- Luna Innovations Incorporated (NASDAQ: LUNA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Luna Innovations Incorporated (NASDAQ: LUNA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- LUNA INNOVATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Luna Innovation, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
LUNA
Sec Filings
- 11/15/24 - Form NT
- 11/15/24 - Form 8-K
- 11/14/24 - Form SC
- LUNA's page on the SEC website