other material
confidence high
sentiment negative
materiality 0.55
Jaguar Health stockholders approve authorized share increase and two reverse stock split proposals
Jaguar Health, Inc.
- Authorized common stock increased from 298M to 500M shares; total authorized shares from 352M to 554M.
- Two reverse stock split proposals approved, each at board-chosen ratio between 1:15 and 1:150.
- Issuance of up to $10.81M in shares upon exchange of secured promissory note to Streeterville Capital approved.
- All five proposals passed with significant majority; Proposal 1 received 6,031,263 For votes.