other material
confidence high
sentiment negative
materiality 0.15
Actelis annual meeting: share-increase proposal fails; directors elected
ACTELIS NETWORKS INC
- Julie Kunstler (1.34M for) and Gideon Marks (1.35M for) elected Class I directors; ~8.8M broker non-votes each.
- Ratification of Kesselman & Kesselman (PwC member) as auditor approved: 9.67M for, 1.56M against.
- Proposal to raise authorized common shares from 30M to 80M failed (5.70M for, 5.58M against) — needed majority of all outstanding shares.
- Quorum was 11.45M of 25.84M outstanding shares (44%); adjournment proposal was withdrawn.