Smith Micro stockholders approve issuance of warrants allowing CEO to own over 20% of common stock

SMITH MICRO SOFTWARE, INC.

At special meeting Dec 10, 2024, holders representing 53.25% of outstanding shares (8,082,863) constituted quorum.
Proposal 1 passed: 7,492,839 for, 535,469 against, 54,555 abstain; approves issuance of up to 2,575,107 shares via warrants to CEO William W. Smith Jr. trust.
Proposal 2 (adjournment) also passed: 7,470,578 for, 552,222 against, 60,063 abstain.
The warrant exercise would result in CEO beneficial ownership of 20% or more of common stock or voting power.

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