secwatch.observer — SEC 8-K summary
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Issuer:     Picard Medical, Inc. (PMI)
CIK:        0002030617
Form:       8-K
Filed at:   2026-07-21T18:01:48+00:00
Accession:  0001437749-26-023932
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Picard Medical shareholders approve reverse stock split and Class B super-voting shares
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- Reverse stock split approved at ratio 1:15 to 1:50; board to set exact ratio and timing.
- Class B common stock created with 20 votes per share; 51.7M for, 4.9M against.
- All four director nominees elected: Richard Fang, Sam Van, Joe Xiao, George Ye.
- Advisory say-on-pay approved (56.1M for); future votes set to annual frequency.
- Ratification of MaloneBailey LLP as independent auditor for 2026 ratified (58.5M for).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030617/000143774926023932/0001437749-26-023932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030617/000143774926023932/pmi20260720_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-023932

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer