Terms and conditions of the preferred stock outstanding are summarized as follows:
Preferred Stock Outstanding as of June 30, 2025 and December 31, 2024
Date of Issuance
Shares Issued and Outstanding
Liquidation Preference
Distribution Rate
Callable By Company
Series A
8/18/2023
4,600,000
$
115,000,000
6.250%
On demand
Series B
4,400,000
110,000,000
5.875%
9,000,000
225,000,000
Summary of terms and conditions of preferred stock outstanding.
No definition available.