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Upland Software has agreed to pause dividend payments on its preferred stock for an unknown time.

PayoutRead the original at SEC EDGAR
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Upland will no longer add waived dividends to its preferred-share balance, and those amounts can never be collected. A majority of preferred shareholders can restart future dividends after written notice.

UPLD · Upland Software, Inc.

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This stops these dividends from adding to the preferred-share balance, and permanently removes any amount already waived. A majority of preferred shareholders can restart future dividends after written notice, but cannot restore past waived amounts.

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