Esports Entertainment Group Inc. 10% Series A Series A Cumulative Convertible Preferred Stock

Subject to earlier conversion or redemption, the Series A Convertible Preferred Stock matures five years from issuance at which point the Company must redeem the shares of Series A Convertible Preferred Stock still outstanding. The Series A Preferred Stock does not provide for a retirement or sinking fund and no holders of Series A Convertible Preferred Stock have any preemptive rights to purchase or subscribe for shares of our common stock or any of our other securities.

Each share of Series A Convertible Preferred Stock is convertible into shares of our common stock, at a conversion price of $17.50 per common share, at any time at the option of the holder. In the event that any shares of Series A Convertible Preferred Stock are called for redemption, the right of conversion ceases and terminates, as to the shares so called for redemption, at the close of business on the seventh (7th) day prior to the date fixed for redemption unless default has been made in the payment of the redemption price. No adjustment will be made for dividends accumulated on any shares of Series A Convertible Preferred Stock so converted nor for dividends on any shares of our common stock that will be issuable on any conversion.

The Series A Convertible Preferred Stock is subject to mandatory redemption upon a change of control at a cash redemption price of $11.00 per share plus an amount equal to all to all dividends accrued or in arrears on the redemption date.

The Series A Convertible Preferred Stock is redeemable, at our option, in whole or in part, at any time on or after January 1, 2023, at a per share redemption price of $11.00 plus an amount equal to all dividends accrued or in arrears on the shares to be redeemed to the date fixed for redemption.

Bunge LTD 4.875% Cumulative Convertible Perpetual Preference Shares

Redeemable only if the price of the commons shares trade at more than 130% of conversion price ($92.20) for 20 tradings days during a 30 day consecutive period

11/1/2020 conversion is now at $81.81

On 321/2022 all shares converted into common shares. The conversion was triggered by the strong share price of the common.

AMG Capital Trust II 5.15% Convertible Trust Preferred Securities due 10/15/2037 ($50 issue)

These shares were sold by AMG Capital Trust and the debentures, maturing on 10/15/2037 are the sole asset of the trust. The dividends of these trust preferred shares are NOT qualified for preferential tax treatment. The shares are convertible at anytime, at the option of the owner, into .25 common shares of Affiliated Managers Group (AMG). On or after 10/16/2012, if the price of the common shares exceeds 130% of the conversion price ($200/share) for 20 of 30 consecutive days the company may, at their option, force conversion of the preferred shares. Given that the common shares are trading around $65 on 5/5/2020 it is highly unlikely that the company will ever be able to force conversion.

Distributions (other than contingent distributions) may be deferred for up to 20 consecutive quarterly periods, but not beyond the maturity date of the junior subordinated convertible debentures held by the trust. The junior subordinated convertible debentures will mature on October 15, 2037.

El Paso Energy Capital Trust I, 4 3/4% Trust Convertible Preferred Securities

Kinder Morgan is the parent corporation as they purchased El Paso Energy

Capital Trust I (Trust I), is a 100%-owned business trust that as of December 31, 2018, had 4.4 million of 4.75% trust convertible preferred securities outstanding (referred to as the Trust I Preferred Securities). Trust I exists for the sole purpose of issuing preferred securities and investing the proceeds in 4.75% convertible subordinated debentures, which are due 2028. Trust I’s sole source of income is interest earned on these debentures. This interest income is used to pay distributions on the preferred securities. We provide a full and unconditional guarantee of the Trust I Preferred Securities. There are no significant restrictions from these securities on our ability to obtain funds from our subsidiaries by distribution, dividend or loan. The Trust I Preferred Securities are non-voting (except in limited circumstances), pay quarterly distributions at an annual rate of 4.75%, carry a liquidation value of $50 per security plus accrued and unpaid distributions. The Trust I Preferred Securities outstanding as of December 31, 2018 are convertible at any time prior to the close of business on March 31, 2028, at the option of the holder, into the following mixed consideration: (i) 0.7197 of a share of our Class P common stock; and (ii) $25.18 in cash without interest. We have the right to redeem these Trust I Preferred Securities at any time.

Centerpoint Energy 7.00% Series B Mandatory Convertible Preferred Stock

Shares will be converted on 9/1/2021. The initial conversion rate was 1.5291 shares of common stock if the common stock is trading at $32.70 or above. If the common stock is trading below $27.25 the conversion is 1.8349 shares of common. For market prices between $27.25 and $32.70 the conversion will be the converted at the rate of $50 divided by the market price. Because of the mandatory conversion we post the preferred and commons stock charts below.

Hecla Mining Co. $3.50 Series B Cumulative Convertible Preferred Stock

There is no available electronic Propspectus for this older issue

Lexington Realty Trust 6.50% Series C Cumulative Convertible Preferred Stock

Special Opportunities Fund 3.50% Convertible Preferred Stock

Issue will be Mandatorily redeemed on 8/19/2021.


RLJ Lodging $1.95 Series A Cumulative Convertible Preferred Shares

Shares are convertible if the common shares trade at $89.09 for 20 consecutive days.

Shares are non-callable

Ready Capital Corp 7.00% Convertible Senior Notes

Was Previously Sutherland Asset Management.

The conversion rate will initially equal 1.4997 shares of our common stock per $25.00 principal amount of notes (equivalent to a conversion price of approximately $16.67 per share of our common stock). The conversion rate, and thus the conversion price, will be subject to adjustment as described in this prospectus supplement. Following the occurrence of a make-whole fundamental change or if we deliver a notice of redemption, we will, in certain circumstances, increase the conversion rate for a holder that converts its notes in connection with such make-whole fundamental change or notice of redemption, as the case may be.

We may not redeem the notes prior to August 15, 2021. We may redeem for cash all or any portion of the notes, at our option, on or after August 15, 2021 if the last reported sale price of our common stock has been at least 120% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No “sinking fund” will be provided for the notes.

Ready Capital Corp 6.25% Series C Cumulative Convertible Preferred Stock

Previously issued by Anworth Mortgage which was acquired by Ready Capital on 3/19/2021 and all terms and conditions remain the same.

Logan Ridge Finance Corp. 5.75% Convertible Notes due 2022

Renamed Logan Ridge Finance 7/1/2021

Conversion was originally at 1.5913 shares per $25 bond, but company did a 1 for 6 reverse split on 7/30/2021 so now conversion is .2652 shares.

There is no early redemption available to the company

Cincinnati Bell 6 3/4% Cumulative Convertible Preferred Stock