NuZee shareholders approve reverse stock split; second proposal fails

CIMG Inc.

Reverse stock split amendment approved with 14,864,742 for, 352,547 against.
Amendment to reincorporate 'Additional Articles' failed with 8,709,661 votes for, 102,457 against, plus 6,389,637 broker non-votes.
Board decided not to adjourn meeting to solicit additional proxies for the failed proposal.
Proposal to adjourn meeting passed with 14,378,753 votes for, 836,050 against.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CIMG Inc. shareholders rejected Amendment of Articles of Incorporation to Reincorporate the “Additional Articles” at the 2022-12-09 meeting.

Proposal: charter amendment
Outcome: failed
Meeting: 2022-12-09

Exact text from the filing

Proposal Two – Amendment of Articles of Incorporation to Reincorporate the “Additional Articles” Votes For: 8,709,661 Votes Against: 102,457 Abstain: 23,012 Broker Non-Votes: 6,389,637

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CIMG Inc. shareholders approved Amendment of Articles of Incorporation to Effect a Reverse Stock Split at the 2022-12-09 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2022-12-09

Exact text from the filing

Proposal One – Amendment of Articles of Incorporation to Effect a Reverse Stock Split Votes For: 14,864,742 Votes Against: 352,547 Abstain: 7,478

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CIMG Inc. shareholders approved Adjournment of Special Meeting to a Later Date or Dates to Solicit Additional Proxies if Necessary at the 2022-12-09 meeting.

Outcome: passed
Meeting: 2022-12-09

Exact text from the filing

Proposal Three – Adjournment of Special Meeting to a Later Date or Dates to Solicit Additional Proxies if Necessary Votes For: 14,378,753 Votes Against: 836,050 Abstain: 9,964

View on SEC.gov

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CIMG Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-035168

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