Shareholders approve reverse stock split of up to 1:60 at special meeting

Greenland Mines Ltd

42,878,771 voted for, 2,210,259 against, 22,102 abstain; quorum of 45,111,132 shares present.
Board authorized to effect one or more reverse splits with ratios between 1:2 and 1:50, aggregate not exceeding 1:60.
Board must implement any splits by March 31, 2027; adjournment proposal moot.
Outstanding shares on record date: 121,238,660; no broker non-votes.
Reason for split not disclosed; likely to maintain Nasdaq listing compliance.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.98

Greenland Mines Ltd shareholders approved Approval of one or more amendments to the Certificate of Incorporation to effect reverse stock splits with exchange ratios between 1-for-2 and 1-for-50 at the 2026-06-18 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2026-06-18

Exact text from the filing

Set forth below are the final voting results for the Reverse Stock Split Proposal. Proposal 1. Approval of the Reverse Stock Split. For Against Abstain Broker Non-Votes 42,878,771 2,210,259 22,102 0

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Greenland Mines Ltd filing history →

Source: SEC EDGAR

accession 0001213900-26-070475

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