Nutriband Inc. Announces Key Dates for 25% Preferred Stock Dividend

Nutriband Inc. (NASDAQ: NTRB) has reminded its shareholders about the upcoming 25% preferred stock dividend, with shareholders of record by July 25, 2025, eligible to receive one preferred share for every four common shares held, payable on August 5. This dividend is notable as each preferred share can be converted into one common share upon the FDA's approval of Nutriband's AVERSA Fentanyl product, a key milestone for the company. Additionally, preferred shares not converted will be eligible for annual cash dividends from company profits, as decided by the board. This move underscores Nutriband's commitment to advancing its AVERSA technology, designed to prevent the abuse and misuse of transdermal pharmaceutical products.