Business Context and Reporting Period
Company: cbdMD, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 22, 2023
Reporting Period: Event date June 22, 2023
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is a current report regarding a specific corporate action.
Material Changes
The filing announces the declaration of a monthly cash dividend for holders of the 8.0% Series A Cumulative Convertible Preferred Stock.
- Dividend Amount: $0.0667 per share.
- Record Date: July 3, 2023.
- Payment Date: July 17, 2023.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of unusual items beyond the dividend declaration.
Investor Verification Checklist
- Verify the record date (July 3, 2023) to confirm eligibility for the dividend.
- Confirm the payment date (July 17, 2023) for cash flow planning.
- Review the terms of the 8.0% Series A Cumulative Convertible Preferred Stock to understand conversion rights and cumulative dividend obligations.