Flash
Strategy launches ATM issuance plan of up to $44.1 billion and adds three new sales agents
Strategy filed an 8-K filing with the SEC, revealing that on March 23, it transferred Moelis Company, A.G.P./ Alliance Global Partners and StoneX Financial have added discretionary sales agreement agents, and launched three new ATM issuance plans on the same day: Class A common stock (code: MSTR) issuance of up to US$21 billion, variable rate perpetual preferred stock STRC issuance of up to US$21 billion, and 8% perpetual preferred stock STRK issuance of up to US$2.1 billion.<br />
At the same time, the company increased the number of STRC preferred shares authorized from 70,435,353 shares to 282,556,565 shares, and reduced the number of STRK preferred shares authorized from 269,800,000 shares to 40,270,744 shares. The original old issuance plan for STRK preferred shares was terminated on March 22.