other material
confidence high
sentiment neutral
materiality 0.60
Abpro Holdings shareholders approve 1-for-30 reverse stock split at 2025 annual meeting
Abpro Holdings, Inc.
- Stockholders elected Ian McDonald as Class I director with 30,544,989 votes for, 8,122,953 withheld, and 10,863,999 broker non-votes.
- Ratification of Wolf & Company, P.C. as auditor for FY 2025 passed with 48,873,247 votes for, 380,320 against, 278,374 abstentions.
- Reverse stock split at 1-for-30 ratio approved with 26,657,935 votes for; no votes against, abstentions, or broker non-votes reported.
- Approximately 61.8% of outstanding shares (49,531,941 votes) were represented, constituting a quorum.