Stockholders approve conversion of $9.88M note into 5.8M shares at $1.70/share

DAWSON GEOPHYSICAL CO

At special meeting on Sep 13, 2023, stockholders approved issuance of 5,811,765 common shares upon conversion of $9.88M convertible note to Wilks Brothers.
Conversion price set at $1.70 per share; note automatically converted upon approval.
Votes: 19,240,507 for, 1,330,223 against, 253,282 abstain (Conversion Proposal).
Adjournment proposal also passed: 19,241,030 for, 1,329,197 against.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

DAWSON GEOPHYSICAL CO shareholders approved Adjournment Proposal: adjourn the Special Meeting to solicit additional proxies if necessary at the 2023-09-13 meeting.

Outcome: passed
Meeting: 2023-09-13

Exact text from the filing

Dawson’s stockholders approved the Adjournment Proposal. The voting results were as follows: VOTES FOR VOTES AGAINST VOTES ABSTAINED 19,241,030 1,329,197 253,785

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

DAWSON GEOPHYSICAL CO shareholders approved Conversion Proposal: approve and adopt the issuance of the Conversion Shares upon conversion of the Convertible Note at the 2023-09-13 meeting.

Outcome: passed
Meeting: 2023-09-13

Exact text from the filing

Dawson’s stockholders approved the Conversion Proposal. The voting results were as follows: VOTES FOR VOTES AGAINST VOTES ABSTAINED 19,240,507 1,330,223 253,282

View on SEC.gov

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Source: SEC EDGAR

accession 0001104659-23-101938

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