Company: MSTR
Filing Date: 2025-07-07
Form Type: 8-K
Source: 0000950170-25-094137
Chunk: 10

Company: Strategy Inc
Filing Date: 2025-07-07
Form: 8-K
Item: Item 8.01
Chunk 10
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 their shares of the applicable series of Preferred Stock for cash. The cash repurchase price is as follows:

• For STRK Stock, an amount equal to (i) the Liquidation Preference of each repurchased share, plus (ii) accumulated and unpaid Regular STRK Dividends on each repurchased share to, but excluding, the Fundamental Change repurchase date for such Fundamental Change.

• For STRF Stock and STRD Stock, an amount equal to (i) the Stated Amount of each repurchased share, plus (ii) (1) in the case of STRF Stock, any accumulated and unpaid Regular STRF Dividends on each repurchased share, or (2) in the case of STRD Stock, any declared and unpaid Regular STRD Dividends on each repurchased share, in each case to, but excluding, the Fundamental Change repurchase date for such Fundamental Change.

Voting Rights

Holders of Preferred Stock are not entitled to vote with holders of class A common stock on matters on which holders of class A common stock are entitled to vote. However, holders of Preferred Stock are entitled to vote with respect to certain amendments to Strategy’s certificate of incorporation or the applicable certificate of designations, certain business combination transactions and certain other matters. Strategy additionally may not create or issue any class or series of stock that ranks senior to the STRF Stock with respect to the payment of dividends and the distribution of assets upon Strategy’s liquidation, dissolution or winding up without the consent of the holders of STRF Stock representing at least a majority of the combined outstanding voting power of the STRF Stock, and any voting parity stockholders.

Holders of STRD Stock do not have the right to elect any directors to Strategy’s board of directors upon non-payment of Regular STRD Dividends. However, with respect to STRK and STRF Stock, if (in each case, subject to the applicable certificate of designations) less than the full amount of accumulated and unpaid Regular Dividends on the applicable series of Preferred Stock have been declared and paid by the following Regular Dividend Payment Date in respect of each of (i) four or more consecutive Regular Dividend Payment Dates; and (ii) eight or more consecutive Regular Dividend Payment Dates, then, in each case, subject to certain limitations, the authorized number of Strategy’s directors will automatically increase by one (or Strategy will vacate the office of one of its directors) and the holders of the applicable series of Preferred Stock, voting together as a single class