M&A
confidence high
sentiment positive
materiality 0.75
ShoulderUp stockholders approve all proposals for business combination with SEE ID
ShoulderUP Technology Acquisition Corp.
- All 7 proposals approved with 12,300,523 FOR and 0 AGAINST (99.9% of outstanding shares voted).
- Adopted Business Combination Agreement to merge SUAC with SEE ID via ShoulderUp Merger and SEE ID Merger.
- Approved amended charter authorizing 290M common shares and 10M preferred, classified board, and exclusive forum.
- Approved removal of $5,000,001 net tangible asset limitation prior to closing (NTA Proposal).
- Approved CID HoldCo Inc. 2025 Equity Incentive Plan; adjournment proposal not presented.