The Roshe Run has been transformed into the Roshe One. The Roshe One features customization options, thanks to Nikeid, and technological updates, including Nike Flywire. These updates, along with the change of title, suggest that there will be a line of Roshe's to look forward to in the future.
Preferred stock that allows the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date. Also known as convertible preferred shares.
Residual securities are a type of convertible security â that is, they can be changed into another form, usually that of common stock. A convertible bond, for example, would be a residual security because it allows the bond holder to convert the security into common shares. Preferred stock may also have a convertible feature.