other material
confidence high
sentiment negative
materiality 0.60
Tivic Health shareholders approve reverse stock split authorization (1:2 to 1:30)
Valion Bio, Inc.
- Reverse split ratio range authorized: 1-for-2 to 1-for-30, at board discretion within 12 months.
- Proposal passed with 3,028,943 votes for, 243,254 against, 33,240 abstentions.
- Quorum was 34.9% (3,305,437 of 9,467,327 outstanding shares).
- Adjournment proposal also approved but not needed; meeting not adjourned.