NEONC Technologies Redeems and Eliminates Series A Preferred Stock

What Happened
NEONC Technologies Holdings, Inc. announced it redeemed all outstanding shares of its Series A Convertible Preferred Stock and then eliminated the designation for that class of stock. The company redeemed the shares on September 15, 2026 at $965 per share for a total cash redemption of approximately $5,790,000. It filed a Certificate of Elimination with the Delaware Secretary of State effective September 18, 2026 and issued a press release on September 17, 2026.

Key Details

• Redemption date: September 15, 2026; redemption price: $965 per share.
• Total redemption amount: ~ $5,790,000.
• Certificate of Elimination filed (and effective) September 18, 2026; no Series A shares outstanding as of that date.
• Company previously disclosed (8-K on Sept 10, 2026) it would use net proceeds from a registered direct offering to fund the redemption.

Why It Matters
This action removes the Series A Convertible Preferred Stock and its associated rights from NEONC’s capital structure, eliminating that source of potential future dilution or special conversion rights. For investors, the key facts are the one-time cash outflow of about $5.79M and a simplification of the company’s equity structure going forward. The company furnished a press release and the Certificate of Elimination in its 8-K filing to disclose these changes.