8-KFiled Sep 20, 8:00 PM ET

Seneca Foods Corp Amends Certificate to Reduce Preferred Shares, Update Address

$SENEA · Seneca Foods Corp

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Seneca Foods Corp Amends Certificate to Reduce Preferred Shares, Update Address

What Happened

  • On September 21, 2026 Seneca Foods Corporation's Board approved a Certificate of Amendment to the company's Restated Certificate of Incorporation.
  • The amendment reduces the number of shares of Class A Preferred Stock designated "Convertible Participating Preferred Stock" from 4,166,667 to 6,602 to reflect that 4,160,065 such shares have previously been retired and canceled. It also deletes the provisions for Convertible Participating Preferred Stock, Series 2003 (967,742 shares) because all shares of that series have been retired and canceled. The amendment also updates the company’s office location and the address to which the New York Secretary of State should mail process.

Key Details

  • Date of board action/filing: September 21, 2026 (8-K filed with the SEC).
  • Reduction in designated Convertible Participating Preferred Stock: from 4,166,667 to 6,602 (4,160,065 shares retired/canceled).
  • Series 2003 (967,742 shares) provisions deleted because those shares were retired/canceled.
  • Administrative change: company office location and NY Secretary of State mailing address updated.
  • Certificate of Amendment is filed as Exhibit 3.1 to the 8-K.

Why It Matters

  • This is primarily a corporate housekeeping amendment reflecting past retirements and cancellations of preferred shares and updating the company’s address. It does not announce any new financing, issuance of securities, change in management, or operational/financial results.
  • For investors, the change clarifies the company's authorized preferred share counts and corporate records; watch future filings if the company announces any new issuances or capital-structure actions.