other material
confidence high
sentiment neutral
materiality 0.60
Clene stockholders approve doubling authorized shares, reverse split authorization, and stock plan amendment
Clene Inc.
- Authorized common shares increased from 300M to 600M via certificate amendment.
- Amended 2020 Stock Plan adds 30M shares reserved for issuance; total now 48.4M.
- Board authorized to effect reverse stock split at ratio 1:5 to 1:20 at its discretion.
- Class I directors elected: Jonathon T. Gay, Vallerie V. McLaughlin, Reed N. Wilcox.
- Ratified Deloitte as auditor; advisory vote approved executive compensation with one-year frequency.