Milestone Scientific directors convert $465,000 debt into equity at $0.5 per share - MLSS News | RalliesMilestone Scientific directors convert $465,000 debt into equity at $0.5 per share
M
MLSS• Directors convert company loans into common stock
- Milestone Scientific directors converted $465,000 of company loans into common stock, eliminating the outstanding note payable.
- The conversion took effect Aug. 19, 2026 at $0.50 per share, a 6.4% premium to the $0.47 close.
- The transaction issued 976,870 common shares to the participating directors.
- The move leaves Milestone Scientific with a debt-free balance sheet.
•