other material
confidence high
sentiment neutral
materiality 0.65
Longeveron shareholders approve reverse stock split (1:5 to 1:15) at special meeting
Longeveron Inc.
- Reverse stock split proposal approved with 58.8M shares for, 343k against, 187k abstain; no broker non-votes.
- Board authorized to set exact ratio between 1:5 and 1:15 without further shareholder approval.
- Adjournment proposal also approved with 58.8M for, 318k against, 198k abstain.
- Special meeting held February 21, 2024; results filed February 22, 2024.