other_material
confidence high
sentiment neutral
materiality 0.65
Energous stockholders approve reverse split authorization (up to 1:50) and increase equity plan shares by 2M
Energous Corp
- All four directors elected: David Roberson (4.35M for), Mallorie Burak (4.49M for), J. Michael Dodson (4.35M for), Rahul Patel (4.47M for).
- Ratification of BPM LLP as auditor for FY2025 passed with 14.94M votes for.
- Advisory say-on-pay approved 3.56M for vs 1.35M against; Board sets frequency vote every two years.
- Amendment to 2024 Equity Plan adding 2.0M shares approved with 3.52M for (71.0% of votes cast on proposal).
- Reverse stock split at ratio 1:5 to 1:50 authorized with 8.94M for (57.9% of votes cast); adjournment proposal also passed.
item 5.02item 5.07item 9.01