---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-074236"
form_type: "8-K"
ticker: "GRDX"
cik: "0001604191"
company_name: "GridAI Technologies Corp."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:03:18.489880+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Stockholders approve increase in equity plan shares to 1,167,480; all directors elected

## Summary
- All five director nominees (Sapirstein, Borkowski, Casamento, Coelho, Riddell) elected; broker non-votes of 479,278.
- Amendment to 2020 Omnibus Plan approved: shares increased from 317,480 to 1,167,480; ISO limit raised to 5,000,000.
- Advisory vote on executive compensation approved: 286,205 for, 128,673 against, 4,659 abstentions.
- Ratification of Mazars USA as auditor for FY2023 approved: 806,755 for, 64,399 against, 27,661 abstentions.
- Adjournment proposal approved: 718,960 for, 164,471 against, 15,382 abstentions.

## SEC filing metadata
- accession: 0001104659-23-074236
- form_type: 8-K
- ticker: GRDX
- cik: 0001604191
- company_name: GridAI Technologies Corp.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/0001104659-23-074236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/tm2319518d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-074236
- JSON: https://secwatch.observer/filing/0001104659-23-074236.json
- Plain text: https://secwatch.observer/filing/0001104659-23-074236.txt

## Key facts
- Shareholder Votes
  GridAI Technologies Corp. shareholders approved Adjournment of Annual Meeting if insufficient proxies to approve proposals at the 2023-06-22 meeting.
  - Outcome: passed
  - Meeting: 2023-06-22
  source text: The stockholders approved the adjournment of the Annual Meeting to the extent that there were insufficient proxies at the Annual Meeting to approve any one or more of the foregoing proposals.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/0001104659-23-074236-index.htm
- Shareholder Votes
  GridAI Technologies Corp. shareholders approved Advisory vote on executive compensation at the 2023-06-22 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-22
  source text: The stockholders voted to approve, on an advisory basis, the executive compensation of the Company’s named executive officers as described in the Proxy Statement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/0001104659-23-074236-index.htm
- Shareholder Votes
  GridAI Technologies Corp. shareholders approved Amendment to 2020 Omnibus Equity Incentive Plan to increase authorized shares and increase incentive stock option limit at the 2023-06-22 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-22
  source text: The stockholders voted to approve an amendment to the Company’s 2020 Omnibus Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder from 317,480 to 1,167,480 and to increase the number of shares that otherwise become available under the plan for grants as incentive stock options to 5,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/0001104659-23-074236-index.htm
- Shareholder Votes
  GridAI Technologies Corp. shareholders approved Ratification of appointment of Mazars USA LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-22 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-22
  source text: The stockholders approved the ratification of the appointment of Mazars USA LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/0001104659-23-074236-index.htm
- Shareholder Votes
  GridAI Technologies Corp. shareholders approved Election of directors at the 2023-06-22 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-22
  source text: The stockholders elected each of James Sapirstein, Edward J. Borkowski, Charles J. Casamento, Terry Coelho and Alastair Riddell to serve on the Company’s board of directors for a term of one year expiring at the annual meeting of stockholders to be held in 2024 or until their respective successors are duly elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465923074236/0001104659-23-074236-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.