other material
confidence high
sentiment neutral
materiality 0.30
CPS shareholders elect all five director nominees, approve increase in authorized shares to 25M
CPS TECHNOLOGIES CORP/DE/
- All five director nominees elected with >70% support; Grant C. Bennett received 71.3%.
- Advisory say-on-pay approved 95.2%; shareholders favored annual frequency (68.1%).
- Amendment to increase authorized common shares from 20M to 25M passed with 94.7% of votes cast.
- Ratification of independent auditor approved with 97.3% of votes.
- Board elected I. James Cavoli as chairman effective immediately after the annual meeting.