other material
confidence high
sentiment neutral
materiality 0.60
Gaxos.ai shareholders approve reverse split up to 1-for-50 and plan share increase to 1M
GAXOS.AI INC.
- Reverse split approved: ratio 1-for-2 to 1-for-50, board discretion until Aug 11, 2028; vote 3,068,168 for, 1,754,234 against.
- 2022 Plan amended to reserve 1,000,000 shares (from 803,637); approved 630,447 for, 197,790 against.
- All four directors re-elected: Mats, Holzer, Grayson, Feldman; each ~728k-732k for, ~102k withheld, 4.04M broker non-votes.
- Salberg & Company ratified as auditor for FY2026: 4,585,107 for, 245,714 against, 39,121 abstain.
- Quorum: 4,869,942 shares represented at annual meeting on August 11, 2026.