other material
confidence high
sentiment neutral
materiality 0.70
Shareholders approve reverse stock split (1:300-1:500) and 2024 Equity Plan with 516M shares
SANUWAVE Health, Inc.
- Proposal 1: Reverse stock split authorized at ratio of 1-for-300 to 1-for-500, with final ratio set by Board.
- Proposal 2: 2024 Equity Incentive Plan approved, authorizing up to 516,208,834 shares of common stock.
- Both proposals passed with overwhelming stockholder support: ~96% for reverse split, ~96% for equity plan.
- No further awards will be made under the prior 2006 Stock Incentive Plan.