Aclarion board adopts one-year stockholder rights plan

Reuters03-19

Aclarion board adopts one-year stockholder rights plan

Aclarion’s board unanimously adopted a limited-duration stockholder rights plan that takes effect immediately and expires in one year.
The board declared a dividend of one preferred stock purchase right for each common share and each Rights-Eligible Warrant outstanding at the close of business on March 30, 2026.
Each right allows the holder to buy 1/1,000th of a share of Series D Junior Participating Preferred Stock for USD 14 per right, subject to adjustment.
The rights become exercisable if an unapproved party acquires 10% or more beneficial ownership of common shares, with certain grandfathering provisions for existing holders at or above that level.
The plan permits redemption at USD 0.001 per right and includes an exchange feature of one common share per right, and it is scheduled to expire on March 18, 2027 unless earlier redeemed, exchanged, or terminated in specified transactions.

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. Aclarion Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603190925PRIMZONEFULLFEED9675282) on March 19, 2026, and is solely responsible for the information contained therein.

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