other material
confidence high
sentiment neutral
materiality 0.25
cbdMD adjourns special meeting to Oct 26 to seek more votes on Series A conversion proposal
cbdMD, Inc.
- Special meeting adjourned from Sep 22 to Oct 26, 2023, 1:00 p.m. ET, due to insufficient votes.
- Proposal seeks to amend Series A Preferred Certificate to automatically convert each share into 3 common shares.
- Record date remains August 1, 2023; shareholders who already voted need not recast.
- Company will continue soliciting votes through October 25, 2023.