10% Owner Converts $28M in Preferred Stock to Common, Significantly Diluting Shares
summarizeSummary
Ampersand 2018 Limited Partnership, a 10% owner, converted $28 million worth of Series C Convertible Preferred Stock into 13.86 million common shares, representing a substantial change to the company's capital structure.
check_boxKey Events
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Major Preferred Stock Conversion
Ampersand 2018 Limited Partnership converted $28 million of Series C Convertible Preferred Stock into 13,861,386 shares of common stock.
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Significant Dilution
The conversion dramatically increases the number of common shares outstanding, representing a substantial dilution to existing common shareholders.
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Conversion Price Above Market
The conversion occurred at an effective price of $2.02 per common share, which is above the current market price of $1.70.
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Follows Capital Structure Changes
This transaction aligns with the 'significant capital structure changes' mentioned in the company's 8-K filing on the same date, January 20, 2026.
auto_awesomeAnalysis
This Form 4 details a massive conversion of preferred stock by a 10% owner, Ampersand 2018 Limited Partnership, into common equity. The conversion of $28 million in Series C Convertible Preferred Stock into 13.86 million common shares on January 20, 2026, represents an extremely significant event for Interpace Biosciences, Inc., given its current market capitalization. This transaction, occurring at a conversion price of $2.02 per share (above the current stock price of $1.70), substantially increases the outstanding common share count and is highly dilutive to existing common shareholders. It follows the company's 8-K filing on the same date, which alluded to significant capital structure changes. Investors should monitor the impact of this dilution on per-share metrics and the company's overall valuation.
At the time of this filing, IDXG was trading at $1.70 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $7.5M. The 52-week trading range was $0.44 to $3.00. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.