other_material
confidence high
sentiment neutral
materiality 0.50
Aqua Metals shareholders approve reverse stock split and $10M Lincoln Park equity facility
Aqua Metals, Inc.
- All four director nominees elected (DiVito, Cotton, Henderson, Gangloff) with >1.7M votes for each.
- Reverse stock split approved (4.35M for vs 0.55M against); ratio range 1:2 to 1:10 set by board.
- Approved issuance of up to $10M common stock to Lincoln Park Capital Fund under purchase agreement (2.0M for, 0.24M against).
- Amendment to 2019 Stock Incentive Plan to increase reserved shares approved (1.57M for, 0.65M against).
- Ratification of Forvis Mazars as auditor and advisory say-on-pay approved by large margins.
item 5.07