APDN stockholders approve reverse stock split authorization and warrant issuance at special meeting

BNB PLUS CORP.

Proposal I (warrant issuance for private placement) approved: 4,855,864 for, 516,472 against, 3,850,003 broker non-votes.
Proposal II (warrant repricing) approved: 4,826,983 for, 541,578 against, 3,850,003 broker non-votes.
Proposal III (reverse stock split 1:5 to 1:50) approved: 8,360,021 for, 824,051 against, no broker non-votes.
Proposal IV (equity plan amendment adding 4M shares) approved: 4,748,305 for, 633,432 against, 3,850,003 broker non-votes.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BNB PLUS CORP. shareholders approved To approve, in accordance with Nasdaq Listing Rule 5635(d), the repricing of certain of our common stock purchase warrants. at the 2024-04-15 meeting.

Outcome: passed
Meeting: 2024-04-15

Exact text from the filing

II. To approve, in accordance with Nasdaq Listing Rule 5635(d), the repricing of certain of our common stock purchase warrants. FOR AGAINST ABSTAIN BROKER NON-VOTES 4,826,983 541,578 39,001 3,850,003

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BNB PLUS CORP. shareholders approved To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance to certain holders of common stock purchase warrants in connection with a private placement. at the 2024-04-15 meeting.

Outcome: passed
Meeting: 2024-04-15

Exact text from the filing

I. To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance to certain holders of common stock purchase warrants in connection with a private placement. FOR AGAINST ABSTAIN BROKER NON-VOTES 4,855,864 516,472 35,226 3,850,003

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BNB PLUS CORP. shareholders approved To approve an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of authorized shares of common stock reserved for issuance by 4,000,000 shares. at the 2024-04-15 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2024-04-15

Exact text from the filing

IV. To approve an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of authorized shares of common stock reserved for issuance by 4,000,000 shares. FOR AGAINST ABSTAIN BROKER NON-VOTES 4,748,305 633,432 25,825 3,850,003

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

BNB PLUS CORP. shareholders approved To grant the Board of Directors discretionary authority to amend the Company’s certificate of incorporation, as amended, to effect a reverse stock split of common stock, at a ratio in the range from one-for-five to one-for-fifty, with such specific ratio to be determined by the Company’s Board of Di at the 2024-04-15 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2024-04-15

Exact text from the filing

III. To grant the Board of Directors discretionary authority to amend the Company’s certificate of incorporation, as amended, to effect a reverse stock split of common stock, at a ratio in the range from one-for-five to one-for-fifty, with such specific ratio to be determined by the Company’s Board of Directors following the Special Meeting. FOR AGAINST ABSTAIN BROKER NON-VOTES 8,360,021 824,051 73,493 0

View on SEC.gov

560 shareholder votes filed in the last 30 days. Browse all shareholder votes →

BNB PLUS CORP. filing history →

Source: SEC EDGAR

accession 0001104659-24-047787

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.