Lakeside shareholders reject 3 supermajority proposals; approve treasury strategy, share issuance, equity plan

Lakeside Holding Ltd

Proposals to increase common shares to 2B, authorize 1B preferred shares, and lower voting thresholds each failed with ~8.88M for but needed 75% of voting power.
Bylaws amendments reducing quorum to 1/3 and removing informal action requirement were approved (8,884,299 for, 64,296 against).
Treasury reserve strategy approved (8,945,684 for, 2,911 against); future issuance of 20%+ shares for non-public transactions approved (8,883,827 for, 65,226 against).
2025 Equity Incentive Plan approved (8,926,015 for, 23,038 against).
Special meeting quorum: 8,949,053 shares (51.35%) present; no broker non-votes.

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