other material
confidence high
sentiment neutral
materiality 0.60
AEye stockholders approve reverse stock split authorization at ratios up to 1:50
AEye, Inc.
- 127,377,874 votes for (87.3% of cast) to authorize Board to effect reverse split at ratios from 1:5 to 1:50.
- Proposal to adjourn meeting not presented as sufficient votes existed for Proposal One.
- Special meeting held December 12, 2023; quorum of 78.5% of outstanding shares (146,599,005 votes).