other material
confidence high
sentiment neutral
materiality 0.50
MIND Technology adjourns preferred stock special meeting to June 27 for conversion vote
MIND TECHNOLOGY, INC
- Adjournment approved: 792,112 for, 324,281 against, 17,636 abstain.
- Meeting reconvenes June 27, 2024 at 9:00 a.m. CT to vote on Preferred Stock Proposal.
- Proposal allows board to convert each preferred share into 3.9 common shares before July 31, 2024.
- Two-thirds vote of outstanding preferred shares required; additional proxy solicitation ongoing.
- Record date for voting remains April 27, 2024.