other material
confidence high
sentiment negative
materiality 0.75
TransCode shareholders reject reverse stock split; stock plan amendment approved
Transcode Therapeutics, Inc.
- Reverse stock split (1:2 to 1:40) failed: 1,018,164 for, 1,277,915 against, 96,498 abstain.
- Stock plan amendment passed: 526,212 for, 205,773 against; adds 3,000,000 shares for issuance.
- All four director nominees elected (Calais, Fitzgerald, Manting, Marquet) with ~595K-597K votes for.
- Auditor WithumSmith+Brown ratified: 2,193,452 for, 159,569 against, 39,556 abstain.