other material
confidence high
sentiment neutral
materiality 0.40
Acorn Energy shareholders authorize reverse stock split up to 1:20
ACORN ENERGY, INC.
- Elected directors Loeb, Mohr, Osterer, Zentman with over 13.8M votes each.
- Approved reverse split amendment (ratio 1:10 to 1:20) effective before Sept 13, 2023; 27.9M for, 1.1M against.
- Ratified Friedman LLP as independent auditor for FY2022 with 29.0M votes for.
- Non-binding say-on-pay approved: 12.85M for, 1.56M against, 14.74M broker non-votes.
- Adjournment proposal approved (28.4M for) to solicit additional proxies if needed.