Summary
This 8-K filing from The NASDAQ Stock Market, Inc., dated April 4, 2006, reports a routine corporate housekeeping action. Specifically, on March 31, 2006, the company filed a Certificate of Elimination with the Delaware Secretary of State to eliminate the Certificates of Designation for its Series A Cumulative Preferred Stock, Series B Preferred Stock, and Series C Cumulative Preferred Stock. Crucially for investors, this action was taken in the absence of any outstanding shares for these preferred stock series. Therefore, this filing does not represent a change in the company's capital structure, outstanding equity, or financial obligations related to these specific preferred stock classes. It simplifies the company's corporate records by removing designations for preferred stock that were never issued or are no longer outstanding.
Key Highlights
- 1NASDAQ filed a Certificate of Elimination on March 31, 2006, with the Delaware Secretary of State.
- 2The filing eliminates the Certificates of Designation for Series A Cumulative Preferred Stock, Series B Preferred Stock, and Series C Cumulative Preferred Stock.
- 3There were no outstanding shares in any of these three preferred stock series at the time of elimination.
- 4This action does not impact the company's current capital structure or financial obligations.
- 5The filing is primarily a corporate administrative action to streamline corporate records.
- 6No financial statements were included as part of this specific filing, as it pertains to a corporate action rather than financial performance.