other material
confidence high
sentiment neutral
materiality 0.60
Silo Pharma shareholders approve reverse stock split of 1-for-5 to 1-for-50
Silo Pharma, Inc.
- Shareholders granted Board discretion to effect a reverse split at a ratio between 1:5 and 1:50.
- Reverse split must be completed by February 8, 2023.
- Vote totals: 53,847,792 in favor, 11,915 against, 240 abstain.
- Quorum of 53,859,947 shares represented at the special meeting.