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WMIH Corp (WMIH.OQ)

WMIH.OQ on NASDAQ Stock Exchange Capital Market

0.98USD
19 Jan 2018
Change (% chg)

$0.02 (+2.17%)
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$0.96
Open
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Volume
97,356
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161,201
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$1.58
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Latest Key Developments (Source: Significant Developments)

WMIH Corp Announces Amendment Of Series B Preferred Stock Terms
Monday, 11 Dec 2017 

Dec 11 (Reuters) - WMIH Corp ::WMIH CORP. ANNOUNCES AMENDMENT OF SERIES B PREFERRED STOCK TERMS.WMIH CORP - ‍UNDER TERMS OF AMENDMENT, CONVERSION PRICE OF SERIES B PREFERRED STOCK​ SHALL BE FIXED AT $1.35 PER SHARE OF COMMON STOCK.WMIH - UNDER TERMS OF AMENDMENT, MANDATORY REDEMPTION DATE OF SERIES B PREFERRED STOCK SHALL BE OCT 5 2019.WMIH -‍ TERMS OF AMENDMENT INCLUDE SPECIAL DISTRIBUTION OF 19.05 SHARES OF COMMON STOCK/SHARE OF SERIES B PREFERRED STOCK.WMIH CORP - AMENDMENT TERMS INCLUDE ‍SPECIAL DISTRIBUTION AS A RESULT OF CONSUMMATION OF AN ACQUISITION OR QUALIFIED ACQUISITION​.WMIH CORP - IN CONNECTION WITH AMENDMENT, CO ALSO ENTERED INTO AN AGREEMENT DATED DEC 8, 2017 WITH KKR FUND HOLDINGS L.P..WMIH - ‍AGREEMENT WITH KKR FUND PROVIDES THAT CO WOULD NOT ENTER ANY DEFINITIVE AGREEMENT FOR ACQUISITION WITHOUT APPROVAL OF SERIES A STOCKHOLDER​.  Full Article

BRIEF-Wmih Corp. Announces Effectiveness Of Amendment Of Series B Preferred Stock Terms

* WMIH CORP. ANNOUNCES EFFECTIVENESS OF AMENDMENT OF SERIES B PREFERRED STOCK TERMS Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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