other material
confidence high
sentiment neutral
materiality 0.15
Solana Company stockholders elect new director and approve warrant exercises, equity plan amendment
Solana Co
- Elected Cosmo Jiang to Board with 21,737,666 votes for, 4,675 withheld.
- Approved issuance of shares upon Strategic Advisor Warrants to Pantera Capital and Summer Wisdom Holdings (21.6M for).
- Approved issuance of shares upon Cryptocurrency Warrants tied to SOL as consideration (20.1M for).
- Approved 2022 Equity Incentive Plan amendment increasing shares by 4,000,000 (21.4M for).
- Adjournment proposal also passed with 21,734,015 votes for.