other_material
confidence high
sentiment neutral
materiality 0.70
Acurx shareholders approve reverse split, equity plan increase, and director elections at annual meeting
Acurx Pharmaceuticals, Inc.
- All six proposals passed at July 17 meeting; 74.38% of shares represented.
- Reverse stock split authorized at ratio 1:10 to 1:30; board to set timing and exact ratio.
- 2021 Equity Plan share reserve increased from 177,448 to 2,677,448 shares.
- Directors Sailer and Harrison re-elected; auditor CohnReznick ratified; warrant exercise and ELOC approved for Nasdaq compliance.
item 5.07