I-On Digital Corp.

09/09/2024 | Press release | Distributed by Public on 09/09/2024 04:11

Amendments to Bylaws Form 8 K

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On September 4, 2024, I-ON Digital Corp (the "Company"), filed two amendments to its Certificate of Incorporation with the Delaware Secretary of State, which became effective upon filing. The provisions of its Certificate of Incorporation changed by the amendments are as follows:

1. The Company eliminated its series of Series A Convertible Preferred Stock that was established by filing a Certificate of Designation of Rights and Preferences of Series A Convertible Preferred Stock with the Delaware Secretary of State on December 15, 2015. The Company's Series A Convertible Preferred Stock that was established by filing a Certificate of Designation of Series A Convertible Preferred Stock with the Delaware Secretary of State on September 30, 2024 remains in full force and effect (the "New Series A Convertible Preferred Stock").
2. The Company increased the voting rights of the New Series A Convertible Preferred Stock from 100 votes per share to 10,000 votes per share. This increase has the effect of making the voting rights consistent with the conversion ratio of the New Series A Convertible Preferred Stock which is convertible into common stock at a ratio of 10,000 shares of common stock for each share of New Series A Convertible Preferred Stock.

9.01: Financial Statements and Exhibits

Exhibit
No. 		Description

3.1

Certificate of Elimination of Series A Convertible Preferred Stock

3.2 Certificate of Amendment to Certificate of Designation of Series A Convertible Preferred Stock
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)