other material
confidence high
sentiment neutral
materiality 0.55
BioNexus Gene Lab shareholders approve reverse stock split at 1:5 to 1:10 ratio
BioNexus Gene Lab Corp
- 98.36% of votes cast (4.94B) approved reverse stock split; ratio range of 1:5 to 1:10 at Board discretion.
- Series Z Preferred Stock with 5B votes mirrored common stock votes exclusively for this proposal.
- Adjournment proposal also passed with 98.60% approval.
- Special Meeting held March 19, 2025; no other matters voted.