Femasys stockholders approve reverse stock split authorization (1:2 to 1:25)

FEMASYS INC

5,672,975 votes for, 689,589 against, 52,609 abstentions; quorum 42.58%.
Board has discretion to set ratio between 1-for-2 and 1-for-25 until April 28, 2024.
No other proposals were voted on; adjournment proposal not presented.
The reverse split applies to common stock, par value $0.001 per share.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

FEMASYS INC shareholders approved Approval of an Amendment to the Company's Certificate of Incorporation to Provide for a Reverse Split at the 2023-09-06 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2023-09-06

Exact text from the filing

Proposal One – Approval of an Amendment to the Company’s Certificate of Incorporation to Provide for a Reverse Split The Company’s stockholders approved an Amendment to the Company’s Certificate of Incorporation to effect, at the discretion of the board of directors, a reverse stock split of Femasys’s common stock, par value $0.001 per share, at a ratio in the range of 1-for-2 to 1-for-25, with such ratio to be determined at the discretion of the board of directors at any time prior to April 28, 2024 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 5,672,975 689,589 52,609 N/A

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Source: SEC EDGAR

accession 0001140361-23-042958

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