other material
confidence medium
sentiment negative
materiality 0.15
Applied DNA Sciences special meeting fails quorum; warrant approval delayed
BNB PLUS CORP.
- Reconvened special meeting on Feb 28, 2025, had only 16,413,535 shares present, short of one-third outstanding requirement.
- No action taken on proposal to approve exercise of Series C & D warrants from October 2024 offering.
- Company is obligated to call another stockholder meeting to seek warrant stockholder approval.