Evofem Biosciences Inc. Increases Authorized Shares to 10,000 for Preferred Stock Dividends

Reuters08-06

Evofem Biosciences Inc. Increases Authorized Shares to 10,000 for Preferred Stock Dividends

Evofem Biosciences, Inc. has announced that its Board of Directors and the majority of holders of its Series E-1 Preferred Stock have approved an Amended and Restated Certificate of Designations. This decision will increase the total number of authorized shares from 2,300 to 10,000. The additional shares will be used for the payment of dividends "in kind" through the issuance of more Preferred Stock, and certain definitions within the company's governing documents have been updated.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evofem Biosciences Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-022301), on August 06, 2025, and is solely responsible for the information contained therein.

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