other material
confidence high
sentiment neutral
materiality 0.55
SemiLEDs shareholders approve doubling authorized shares to 15M and officer exculpation provision
SemiLEDs Corp
- Authorized common stock increased from 7.5M to 15M (proposal 5: 4,517,094 for, 318,001 against).
- Officer exculpation provision added to charter (proposal 7: 3,791,174 for, 74,579 against).
- Issuance of shares to repay loan with Chairman Trung Doan approved (3,822,773 for, 30,015 against).
- All five director nominees elected; say-on-pay approved; advisory vote on frequency set to every three years.
- Ratification of KCCW Accountancy Corp. as auditor for fiscal year ending Aug 31, 2024 (4,687,767 for).