other material
confidence high
sentiment neutral
materiality 0.55
BioRestorative Therapies shareholders approve reverse stock split, reject Nevada reincorporation
BioRestorative Therapies, Inc.
- Elected Nickolay Kukekov as Class I director: 1.49B for, 132.6M withheld, 452M broker non-votes.
- Approved 2021 Stock Incentive Plan: 1.33B for, 210M against, 80.8M abstentions.
- Rejected reincorporation from Delaware to Nevada: 1.48B for but 4.4M abstentions, needed majority; broker non-votes 452M.
- Authorized Board to effect reverse stock split at ratio 1:20 to 1:4000 with discretion; 1.65B for, 396M against.
- Ratified Friedman LLP as auditor for FY2021: 1.93B for, 90.2M against, 50M abstentions.