PNC filed a Statement creating "PNC Series X Preferred Stock" — 200,000 authorized shares.
Filed with the SEC on · Summarized by InvestorsBot
PNC filed a Statement creating "PNC Series X Preferred Stock" — 200,000 authorized shares. Statement effective Jan 5, 2026, immediately prior to closing of the First Step Merger under the Merger Agreement. 📄 $PNC #PNC #Mergers #PreferredStock
Investor alert — Series X could change PNC’s capital structure and affect priority/dilution. Key terms (dividend, conversion, liquidation preferences) are in the S‑4/Proxy; watch for issuance details. 🔍 $PNC #Investing #Banking
Full text of the Statement is filed as Exhibit 3.1 and incorporated by reference; see “Description of New PNC Preferred Stock” in the Form S‑4/Proxy for complete terms. 🧾 $PNC #SECfilings #PNC