Overstock.com (OSTK) Shareholders Approve Series A-1 Preferred Stock Dividend

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Overstock Stockholders Approve Path for Company’s Historic Dividend

February 13, 2020 4:19 PM EST

SALT LAKE CITY, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ: OSTK) stockholders have voted to approve the proposed changes for the company to move forward with the issuance of its previously-announced Series A-1 Preferred Stock dividend on a 1:10 basis. The shares, which will be registered with the SEC, trade exclusively on the tZERO ATS under the symbol OSTKO.

This is a big deal for Overstock and tZERO, said Overstock CEO Jonathan Johnson. I thank our stockholders for approving this historic dividend, which we believe will provide them real... More