Public Company Management enters share exchange to acquire Physicians Capital Management, issues 68,566,368 shares to owner Ivie
PUBLIC COMPANY MANAGEMENT CORP PCMC | 0.00 |
- Public Company Management Corp. agreed on June 30, 2026 to acquire Physicians Capital Management in a share exchange with sole owner Conrad Ivie, MD.
- Ivie will receive 68,566,368 common shares and 24,913,918 preferred shares, giving him about 80% of PCMC on a fully diluted basis.
- The preferred stock includes 1,000,000 Series A Voting Preferred shares intended to provide Ivie voting control.
- Series B-1 converts after 18 months at 4 common shares per preferred share; Series B-2 converts after 24 months at 8-to-1, subject to anti-dilution.
- No cash consideration is planned, aside from customary transaction expenses.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Public Company Management Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-26-008228), on July 06, 2026, and is solely responsible for the information contained therein.
