other material
confidence high
sentiment neutral
materiality 0.60
SOBR Safe shareholders approve reverse stock split authorization up to 1:150 and elect all director nominees
SOBR Safe, Inc.
- All five director nominees elected: Beabout, Butler, Fay, Gandini, Shoemaker with 6.36-6.50M shares for each.
- Say-on-pay advisory vote passed with 6,051,574 shares for, 630,703 against, 104,847 abstain.
- Shareholders opted for triennial advisory votes on executive compensation (3,688,256 votes for 3 years).
- Reverse stock split authorized: Board may implement ratio from 1:2 to 1:150 by Dec 31, 2024 to maintain Nasdaq listing.