SRX Global signs consent deal allowing up to $20 million stock buyback through July 2027
SRX Global entered a Limited Consent and Amendment Agreement on September 8, 2026, under which holders of its Series C convertible preferred stock consented to and waived certain rights so the company can maintain a stock repurchase plan. The plan allows repurchases of up to the lesser of 10,000,000 shares or 50% of outstanding common stock, for an aggregate price not to exceed $20,000,000, through July 7, 2027. The filing does not state how much stock the company has bought back or plans to buy back.
Key points
- Consent Agreement dated September 8, 2026, between the company and the Required Holders of Series C preferred stock
- Repurchase plan cap: lesser of 10,000,000 common shares or 50% of outstanding common stock, up to $20,000,000 in aggregate purchase price
- Plan period ends July 7, 2027
- Related August 27, 2026 sale of 3,579 Series C preferred shares for $2.825 million; the Series C shares are convertible into common stock
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.