Mr Cooper Group Inc (COOP)

[tcr7309]

For Preferred financing rounds, the Par Value for a series of preferred stock is usually set at the price paid per share in the financing round. In this case, the par value is specific to a single series of preferred, so if you issue multiple series (ie Series A, Series B, Series GG, etc.) each will have a different par value (unless two rounds are completed at the same price per share).