other material
confidence high
sentiment neutral
materiality 0.65
Urban-gro shareholders approve reverse stock split and increase authorized shares to 200M
urban-gro, Inc.
- Proposal 5: reverse stock split at ratio 1:2 to 1:25 passed with 7,973,361 for, 299,858 against.
- Proposal 6: increase authorized common stock to 200,000,000 shares approved (7,599,713 for, 593,665 against).
- Proposal 2: plan amendment adding 5,000,000 shares to 2021 Omnibus Plan passed (7,074,010 for).
- All 7 proposals approved, including election of directors (Anita Britt, David Hsu, etc.) and ratification of auditor.
- Quorum of 55.9% (8,273,664 shares) represented; no broker non-votes.