Cineverse stockholders approve reverse stock split and authorized share reduction

Cineverse Corp.

Proposal 1 (reverse stock split) approved: 1.55B votes for, 355M against, 560K abstentions.
Proposal 2 (reduce authorized shares in connection with reverse split) approved: 92.4M for, 16.4M against.
No broker non-votes were reported on either proposal.
Reverse stock split is subject to Board's discretion as to timing and ratio.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Cineverse Corp. shareholders approved Approval of an amendment to the Company’s Certificate of Incorporation to reduce the total number of shares of Class A Common Stock authorized for issuance in connection with a reverse stock split. at the 2023-05-30 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-05-30

Exact text from the filing

Proposal 2: Votes For Votes Against Abstentions Broker Non-Votes To approve an amendment to the Company’s Certificate of Incorporation to reduce the total number of shares of Class A Common Stock authorized for issuance in connection with a reverse stock split . 92,408,881 16,218,410 464,170 0

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Cineverse Corp. shareholders approved Approval of an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split of the Company’s Class A Common Stock, subject to the Board’s discretion. at the 2023-05-30 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2023-05-30

Exact text from the filing

Proposal 1: Votes For Votes Against Abstentions Broker Non-Votes To approve an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split of the Company’s Class A Common Stock, subject to the Board’s discretion. 1,553,372,009 355,158,949 560,503 0

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562 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Cineverse Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-025541

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