18 annotations
The conversion of our outstanding Convertible Series E Preferred stock and exercise of our warrants could depress our stock price and dramatically dilute shareholders.
a
10-KT
2023 FY
7 Mar 23
The Company has substantial derivative securities outstanding which is likely create an overhang on the price at which the Company’s stock may trade. As of December 31, 2022, the Company had 310,793 shares of Series E Convertible Preferred Stock outstanding with an aggregate liquidation preference of approximately $31.1 million. The Series E Preferred Stock is convertible into the Company’s common stock at a conversion price of $0.25 per share, and is thus convertible into an additional 124,317,000 shares of common stock. In addition, there are warrants to acquire 266,666,640 shares of common stock outstanding with an exercise price of $0.25 per share. The Company also has additional stock options, stock warrants and restricted stock units outstanding for a total of 11,384,000 shares of common stock. The large number of shares of common stock potentially issuable upon conversion of the Series E Preferred Stock and the exercise of stock options and warrants would have the effect of diluting the ownership interest of the outstanding Common Stock and will likely adversely affect the price at which the Common Stock trades.
a
10-KT
2023 FY
7 Mar 23
Troika Media Group, Inc. was incorporated in Nevada in 2003. The Company is a transatlantic agency focusing on branding, digital marketing and performance media services, using actionable intelligence across all broadcast digital media and live experiences.
overview
10-Q
2022 Q3
12 Aug 22
Unaudited Pro Forma Financial Information
Converge income overview
10-Q
2022 Q3
12 Aug 22
Current liabilities (30,576,000)
nwc
10-Q
2022 Q3
12 Aug 22
Current assets $33,856,000
nwc
10-Q
2022 Q3
12 Aug 22
Goodwill 41,528,000
41m good will coming from here
10-Q
2022 Q3
12 Aug 22
Intangible assets 71,000,000
73m intangible asset source from Converge
10-Q
2022 Q3
12 Aug 22
Cash paid for acquisition of Converge, net of cash received (82,730,000)
125m purchase price
10-Q
2022 Q3
12 Aug 22
65,824,000
65m long term debt: further
10-Q
2022 Q3
12 Aug 22
30,639,000
?
10-Q
2022 Q3
12 Aug 22
67,378,000
75m curren asset
-67m current liab
=8m NWC
10-Q
2022 Q3
12 Aug 22
60,896,000
60m goodwill: further
10-Q
2022 Q3
12 Aug 22
72,864,000
73m intangible: further investigation
10-Q
2022 Q3
12 Aug 22
32,461,000
32m a/r
10-Q
2022 Q3
12 Aug 22
42,396,000
42m Cash
10-Q
2022 Q3
12 Aug 22
Common stock, ($0.001 par value: 800,000,000 shares authorized; 64,159,616 and 39,496,588 shares issued and outstanding as of March 31, 2022 and June 30, 2021, respectively)
~100m shares outstanding
10-Q
2022 Q3
12 Aug 22
the acquisition of Converge Direct, LLC
$125m purchase price
10-Q
2022 Q3
12 Aug 22
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