MIND Technology Reminds Preferred Stockholders of the Virtual Special Meeting
THE WOODLANDS, Texas, May 29, 2024 /PRNewswire/ — As previously announced, MIND Technology, Inc. (“MIND” or the “Company”) (Nasdaq: MIND; MINDP) will hold a virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the “preferred stock”) on June 13, 2024 to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock. If approved, the proposed amendment provides that each share of preferred stock may be converted into 3.9 shares of common stock, $0.01 par value per share (the “common stock”) at the sole discretion of the Company’s Board of Directors at any time prior to July 31, 2024 (the “proposal”).