secwatch / observer
8-K filed October 2, 2023, 7:59 PM ET ticker NXTS CIK 0001789192
other material confidence high sentiment neutral materiality 0.15

Save Foods, Inc. Reports Voting Results from 2023 Annual Meeting

Nexentis Technologies Inc.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Approve issuance of more than 20% of issued and outstanding Common Stock in non-public offering under Standby Equity Purchase Agreement at the 2023-10-02 meeting.

Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #4. The Nasdaq 20% Share Issuance Proposal . Proposal No. 4 was to approve the issuance of more than 20% of our issued and outstanding Common Stock in a non-public offering pursuant to the terms of the Standby Equity Purchase Agreement, dated July 23, 2023, by and between the Company and YA II PN, Ltd., so that such issuances are made in accordance with Nasdaq Listing Rule 5635. The proposal was approved was approved as follows: For Against Abstain Broker Non-Votes 5,374,299 82,255 123,207 983,855
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Ratify appointment of Somekh Chaikin (KPMG International) as independent auditors for fiscal year 2023 at the 2023-10-02 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #6. The Auditor Appointment Proposal . Proposal No. 6 was to ratify the appointment of Somekh Chaikin, a member firm of KPMG International, as the Company’s independent auditors for the fiscal year ended December 31, 2023. This proposal was approved as follows: For Against Abstain 6,325,286 197,821 40,509
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Approve reincorporation from Delaware to Nevada by parent-subsidiary merger at the 2023-10-02 meeting.

Proposal
merger approval
Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #5. The Reincorporation Proposal . Proposal No. 5 was to approve the reincorporation of the Company from the State of Delaware to the State of Nevada by a parent-subsidiary merger. This proposal was approved as follows: For Against Abstain Broker Non-Votes 5,573,429 6,117 215 983,855
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Reelect Amitay Weiss and Dr. Roy Borochov, two Class II directors at the 2023-10-02 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #1. The Director Election Proposal . Proposal No. 1 was to reelect Amitay Weiss and Dr. Roy Borochov, two Class II directors nominated for election, each to serve a three-year term on the Company’s board of directors (the “Board”). This proposal was approved as follows: Director For Against Abstain (a) Amitay Weiss 5,489,988 88,179 1,594 (b) Dr. Roy Borochov 5,519,612 59,555 594
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Non-binding advisory vote to approve grant of shares under 2022 Plan to each board member (excluding Dr. Borochov) at the 2023-10-02 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #7. The Advisory Vote on Grant of Shares Proposal. Proposal No. 7 was to vote on a non-binding resolution to approve a grant of shares under the 2022 Plan, as compensation to each member of the Board (excluding Dr. Borochov). This proposal was subject to the approval of Proposal #2, the 2022 Plan Amendment (which became effective immediately after the adjournment of the Annual Meeting). This proposal was approved as follows: For Against Abstain Broker Non-Votes 5,410,852 166,435 2,474 983,855
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Approve amendment to the Save Foods, Inc. 2022 Share Incentive Plan to increase authorized shares by 6,500,000 at the 2023-10-02 meeting.

Proposal
equity plan
Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #2. The 2022 Plan Amendment. Proposal No. 2 was to approve an amendment to the Save Foods, Inc. 2022 Share Incentive Plan (the “2022 Plan”), to increase the number of shares of Common Stock authorized for issuance under the 2022 Plan by an additional 6,500,000 shares of our Common Stock, which amendment (the “2022 Plan Amendment”) was adopted by the Board on July 31, 2023. This proposal was approved as follows, resulting in the 2022 Plan Amendment becoming effective immediately: For Against Abstain Broker Non-Votes 5,413,722 163,788 2,251 983,855
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Nexentis Technologies Inc. shareholders approved Approve amendment to certificate of incorporation to effect reverse stock split of Common Stock by ratio of 1-for-7 to 1-for-10 at the 2023-10-02 meeting.

Proposal
reverse split
Outcome
passed
Meeting
2023-10-02
Exact text from the filing
Proposal #3. The Reverse Stock Split Proposal . Proposal No. 3 was to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Common Stock, by a ratio of no less than 1-for-7 and no more than 1-for-10, with the exact ratio to be determined by the Board in its sole discretion. The proposal was approved as follows: For Against Abstain 5,377,519 77,073 125,169
View on SEC.gov

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Nexentis Technologies Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-035039
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