BrooQLy Inc.
For the period ended Dec 11, 2025. Filed Oct 28, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 11, 2025 · Filed Oct 28, 2025
BRQLStored price and day change unavailable
Contents
(e) Conversion
| (i) | The Common Stock is not convertible into any other shares of the Company’s capital stock. |
| (ii) | The shares of Class B Common Stock each shall be convertible into one (1) fully paid and non-assessable share of Common Stock at the option of the holder thereof, upon written notice to the transfer agent of the Corporation, subject to the following limitations: |
| a. | Up to 20% of the total shares of Class B Common Stock held by such Class B Stockholder may convert into shares of Common Stock beginning twelve months following the acquisition of such shares (the “Acquisition Date”) of Class B Common Stock by the Class B Stockholder, whether from the Company or from another Class B Stockholder. |
| b. | At the end of each twelve-month period following the Acquisition Date, up to an additional 20% of the total shares of Class B Common Stock held by such Class B Stockholder may convert into shares of Common Stock, such that at the end of five (5) years following the Acquisition Date, up to 100% of the shares of Class B Common Stock held by such Class B Stockholder may be converted into shares of Common Stock. |
| c. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.