AYRO Inc. Amends Bylaws for New Preferred Stock Issuance

Reuters08-13
AYRO Inc. Amends Bylaws for New Preferred Stock Issuance

AYRO Inc. has announced amendments to its bylaws following a recent agreement with accredited investors. The modifications involve the issuance of Series I Convertible Preferred Stock and warrants, alongside amendments to prior agreements concerning Series H-7 Preferred Stock. These changes include redefining excluded securities, waiving certain rights, and consenting to the new stock issuance, reflecting strategic adjustments in the company's capital structure.

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