Capital Preservation – Growth & Income
A Preferred Stock & Warrant Offering designed to potentially provide investors with preservation of capital, steady income and growth.
The offering Unit
One share of Preferred Stock & one Warrant to buy 20 shares of Common Stock.
Preferred Capital Securities, LLC
Series A Redeemable Preferred Stock
6% annualized dividend, intended to be paid monthly. There are no assurances the dividend will be met.
$1,000 per share
Investor has the right to redeem the Preferred Stock at stated value, subject to a five year declining redemption fee.
Five Year Declining Redemption Fee
• During year one, 100% of the stated value less 13% reception fee, plus any accrued but unpaid dividends.
• During years two and three, 100% of the stated value less 10% redemption fee, plus any accrued but unpaid dividends.
• During year four, 100% of the stated value less 5% redemption fee, plus any accrued but unpaid dividends.
• During year five, 100% of the stated value less 3% redemption fee, plus any accrued but unpaid dividends.
The Preferred Stock ranks senior to the Common Stock with respect to payment of dividends.
Common Stock Warrant
Warrant grants the investor the right to purchase Common Stock at a fixed price.
20% premium to the current market price per
share of our common stock on the date of issuance of the Warrant.
Exercisable after 1 year.
Expires after 4 years.
Detachable and fully transferrable
The warrant provides the investor an opportunity to participate in any appreciation in PAC’s Common Stock price above the strike price. There can be no assurance that PAC’s Common Stock price will appreciate.