Royal Bank of Canada Converts SCO Series A-1 Preferred Stock to Common Stock.
ByAinvest
Saturday, Jan 17, 2026 7:00 pm ET1min read
RY--
The SCO Group has received a notice from Royal Bank of Canada to convert 10,000 shares of Series A-1 Convertible Preferred Stock into 740,740 shares of common stock. The conversion price is $13.50 per share, and the Series A-1 stock was purchased at $1,000 per share. This conversion is permitted under SCO's Certificate of Designation.
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