other
confidence high
sentiment neutral
materiality 0.50
BioLargo shareholders approve increase in authorized shares to 550M and authorize reverse stock split
BIOLARGO, INC.
- Authorized common shares increased from 400M to 550M, effective June 7, 2022.
- Board authorized to implement a reverse stock split at a ratio between 1:4 and 1:25 at its discretion.
- All seven director nominees elected; advisory say-on-pay passed with 84.3M for, 9.8M against.
- Ratification of Haskell & White LLP as auditor for FY2022 approved with 151.2M for.
- Reverse split proposal passed with 136.2M for, 16.7M against.