REGO PAYMENT ARCHITECTURES, INC. 8-K

What Happened

• Rego Payment Architectures, Inc. (RPMT) filed an Amendment to the Certificate of Designation for its Series B Cumulative Convertible Preferred Stock with the Delaware Secretary of State on May 22, 2026, and reported the amendment on Form 8-K filed May 27, 2026.
• The amendment increases the number of authorized Series B Cumulative Convertible Preferred Stock shares from 397,222 to 572,222.

Key Details

• Item reported: 5.03 — Amendments to Articles of Incorporation or Bylaws.
• Authorized Series B shares increased by 175,000 shares (from 397,222 to 572,222).
• The amendment document is included as Exhibit 3.1 to the Form 8-K (filed May 22, 2026).

Why It Matters

• The company now has legal authorization to issue up to 572,222 shares of Series B cumulative convertible preferred stock. That gives RPMT the capacity to issue additional Series B shares in the future if it decides to do so, which investors should watch because issuance could affect capitalization and potential dilution for common shareholders.