other material
confidence high
sentiment neutral
materiality 0.70
Alaunos shareholders approve reverse stock split (1:5-1:15) and authorized share increase to 50M
Alaunos Therapeutics, Inc.
- Stockholders approved reverse stock split at ratio between 1-for-5 and 1-for-15, at Board's discretion, effective June 12, 2024.
- Authorized shares of common stock increased from 34,666,667 to 50,000,000.
- Five directors elected: Curtis Hogue Jr., Robert Hofmeister, Robert Postma, Jaime Vieser, Holger Weis.
- Advisory vote on executive compensation passed with 1,851,846 for and 1,032,789 against.
- Ratification of RSM US LLP as independent auditor for FY 2024 approved.