other_material
confidence high
sentiment neutral
materiality 0.55
Dror Ortho-Design stockholders approve reverse stock split at ratio up to 1:2,000
Dror Ortho-Design, Inc.
- Approved reverse stock split of common stock at ratio from 1:2 to 1:2,000; board sets exact ratio and timing.
- 890,694,033 votes for and 6,668,513 against the reverse split proposal.
- Adjournment proposal also approved with 897,331,546 votes for and 31,000 against.
- Record date May 19, 2025: 956,997,116 common shares and 5,847,937 Series A preferred outstanding.
item 5.07