Evernorth Registers Up to 73.7 Million Shares for Potential Resale
Photo: TokenPost
Evernorth Holdings Inc. filed a preliminary registration statement with the SEC Friday, Oct. 30, covering up to 73,688,162 Class A shares for potential resale, nearly three times its Oct. 22 share count. Sales under the registration cannot begin until it takes effect, and the filing does not show that any securityholder has decided to sell. Evernorth had 26,094,680 Class A shares outstanding as of Oct. 22. Of the registered shares, 19,102,635 are already issued and outstanding. Up to 31,392,746 more could be issued through conversion of Class C shares, while 22,953,128 could come through redemption or exchange of Company Units.
Source: TokenPost
