secwatch.observer — SEC 8-K summary
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Issuer:     OCULUS INC. (OVTZ)
CIK:        0001107280
Form:       8-K
Filed at:   2026-11-10T22:24:04+00:00
Accession:  0001437749-26-036236
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Oculus holders approve 1-for-2 to 1-for-10 reverse split; six directors elected at annual meeting
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- Shareholders approved the reverse split amendment with 48,104,924 votes (85.44%) for and 3,972,768 (7.06%) against; ratio between 1-for-2 and 1-for-10 and timing left to board discretion.
- All six directors re-elected: Drescher, Helliker, Loverso, Perkins, Perovic and Wages each drew 99.05%-99.84% support; 6,238,114 broker non-votes recorded.
- Davidson & Company LLP ratified as auditor for fiscal year ending December 31, 2026 with 99.79% for; Omnibus Equity Incentive Compensation Plan continuation approved with 95.72%.
- Say-on-pay passed with 94.56% for (47,339,905 votes); annual frequency of compensation votes won 93.20% versus 6.44% for every three years.
- Board reappointed Roland Perkins as President and CEO and Anton J. Drescher as Corporate Secretary and CFO immediately after the November 10, 2026 meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1107280/000143774926036236/0001437749-26-036236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1107280/000143774926036236/ovtz20261110_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-036236

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