other
confidence high
sentiment neutral
materiality 0.10
Stockholders approve conversion of Series B Preferred at special meeting
Cartesian Therapeutics, Inc.
- Special meeting held Sep 20, 2024; 75.9% of outstanding shares represented.
- Proposal 1 passed: 12,514,261 FOR, 150,060 AGAINST, 1,650 abstentions (excluding 3,563,247 shares for Nasdaq compliance).
- Proposal 2 (adjournment if needed) approved: 16,076,183 FOR, 151,789 AGAINST, 1,246 abstentions.
- Approval allows issuance of common stock upon conversion of Series B Non-Voting Convertible Preferred.