Overstock Announces Filing of Definitive Proxy Statement for Special Shareholders Meeting
Seeking approval for enhanced Digital Voting Series A-1 Preferred Stock
SALT LAKE CITY, Dec. 24, 2019 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) has filed the definitive proxy statement regarding the shareholder vote on changes to its certificate of incorporation to facilitate its previously announced proposed dividend of Digital Voting Series A-1 Preferred Stock ("Series A-1 Preferred").
"With this filing, we are another step closer to the issuance of a dividend of shares of Series A-1 Preferred," said Overstock CEO Jonathan Johnson. "I continue to look forward to our shareholders' chance to voice their support for this dividend in February. I am eager for the company to be able to issue the proposed OSTKO Series A-1 Preferred dividend in March."