other material
confidence high
sentiment neutral
materiality 0.15
RXO shareholders approve issuance of up to 3.7M shares upon exercise of pre-funded warrants
RXO, Inc.
- Special meeting on Dec 5, 2024: 135.6M votes for, 79k against, 27.7k abstain on issuance proposal.
- Approval covers exercise of pre-funded warrants for 3,700,718 shares of common stock.
- Quorum achieved with 84.4% of 160.8M entitled shares present.
- Adjournment proposal rendered moot as Issuance Proposal passed.