other material
confidence high
sentiment neutral
materiality 0.15
EBR Systems stockholders approve 169.5M CDIs at A$0.38 per CDI, related-party issuance included
EBR Systems, Inc.
- Ratification: 77,352,890 CDIs (7,735,289 shares) at A$0.38/CDI approved with 34.7M for, 485,633 against.
- Issuance: 92,105,270 CDIs (9,210,527 shares) at A$0.38/CDI to BCP3 Pty Ltd clients, an associate of Dr. Chris Nave, passed.
- Adjournment proposal passed unanimously with 36,960,227 votes for.
- Total issuance: 169,458,160 CDIs = 16,945,816 shares; combined proceeds ~A$64.4M at A$0.38/CDI.