other material
confidence high
sentiment neutral
materiality 0.40
Cardio Diagnostics shareholders elect seven directors and approve reverse stock split authorization up to 1:40
Cardio Diagnostics Holdings, Inc.
- All seven director nominees elected: Dogan, Philibert, Burton, Hosseinion, Intrater, Betts, Fung.
- Reverse stock split proposal approved (range 1:5 to 1:40) at board discretion within one year; 9,825,603 for, 4,015,095 against.
- Proposal to issue 20%+ of common stock in non-public transactions passed; 5,617,556 for, 2,118,676 against, 6,014,546 broker non-votes.
- Ratification of Prager Metis CPAs LLC as independent auditor for FY2024 approved with 12,010,406 for, 947,141 against.