other material
confidence high
sentiment neutral
materiality 0.60
CytoSorbents shareholders approve reverse stock split and elect directors at annual meeting
Cytosorbents Corp
- All five director nominees elected: Chan, Bator, Jones, Sobel, Kim (for votes 23.7M-24.9M).
- Say-on-pay approved: 21.8M for, 3.0M against, 2.6M abstain.
- Ratification of WithumSmith+Brown as auditor: 41.5M for, 0.86M against.
- Reverse stock split approved: 38.98M for, 2.39M against; ratio 1:5 to 1:20, board to set exact ratio within one year.
- Adjournment proposal approved but not needed; quorum of 42.5M shares present.