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.
Some preferred stock is convertible, meaning it can be exchanged for a given number of common shares under certain circumstances. The board of directors might vote to convert the stock, the investor might have the option to convert, or the stock might have a specified date at which it automatically converts.