other
confidence high
sentiment neutral
materiality 0.30
Ensysce Biosciences special meeting canceled again due to lack of quorum; no vote on matters
Ensysce Biosciences, Inc.
- Special meeting of stockholders scheduled for December 29, 2023 was not held due to lack of quorum.
- No matters were submitted to a vote; company had sought approval for matters related to October 23 Securities Purchase Agreement.
- Company must call a meeting every four months until stockholder approval is obtained or notes issued under Agreement are no longer outstanding.
- This is the second postponement; the meeting was originally set for December 20, 2023.