USASHFS
Safe Harbor Financial Series B Conversion and Warrant Exercise Prices Reset to $1.5528
Safe Harbor Financial announced that the conversion price of its Series B Convertible Preferred Stock and the exercise price of associated warrants have reverted to $1.5528 following the conclusion of a temporary reduction period on July 31, 2026. During the reduction period, holders converted 3,198 shares of Series B Preferred Stock into 4,920,005 shares of common stock, leaving 27,134 shares of Series B Preferred Stock and 12,332,955 shares of common stock outstanding. No Series B Warrants were exercised during the period. CEO Terrance Mendez stated the conversions simplify the capital structure and shift equity into shares counted in the market value of listed securities.