8-K
filed May 14, 2024, 7:59 PM ET
ticker CNTN
CIK 0001861657
other material
confidence high
sentiment neutral
materiality 0.60
Tharimmune shareholders approve reverse stock split (1:2 to 1:50) and equity plan
Canton Strategic Holdings, Inc.
- All 5 director nominees elected with vote totals ranging from 2,848,203 to 2,871,156 for.
- Ratification of auditor Rosenberg Rich Baker Berman P.A. passed: 4,800,694 for, 123,028 against.
- Reverse stock split authorized (range 1:2 to 1:50) to be completed by May 14, 2025; 4,246,167 for, 673,553 against.
- Amended 2023 Omnibus Equity Incentive Plan approved: 2,405,905 for, 551,134 against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Canton Strategic Holdings, Inc. shareholders approved Approval of Tharimmune, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan at the 2024-05-14 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-14
Exact text from the filing
Proposal 4. The Tharimmune, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan was approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 2,405,905 551,134 5,882 1,984,343
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.8
Canton Strategic Holdings, Inc. shareholders approved Election of five directors at the 2024-05-14 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-14
Exact text from the filing
Proposal 1 . All of the five (5) nominees for director were elected to serve until the 2025 Annual Meeting of Stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death. The result of the votes to elect the five (5) directors was as follows: Directors For Against Abstain Broker Non Vote Randy Milby 2,871,156 0 91,765 1,984,343
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Canton Strategic Holdings, Inc. shareholders approved Ratification of Rosenberg Rich Baker Berman P.A. as independent registered public accounting firm for fiscal year 2024 at the 2024-05-14 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-14
Exact text from the filing
Proposal 2. The appointment of Rosenberg Rich Baker Berman P.A., as the Company’s independent registered public accounting firm for its fiscal year ended December 31, 2024 was ratified and approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 4,800,694 123,028 23,541 1
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Canton Strategic Holdings, Inc. shareholders approved Grant of discretionary authority to Board to amend Certificate of Incorporation to effect reverse stock split within range 1-for-2 to 1-for-50 at the 2024-05-14 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2024-05-14
Exact text from the filing
Proposal 3. The grant of discretionary authority to the Company’s Board of Directors to (A) amend the Company’s Certificate of Incorporation, as amended, to effect one or more consolidations of the issued and outstanding shares of common stock of the Company pursuant to which the shares of common stock would be combined and reclassified into one share of common stock at a ratio within the range from 1-for-2 up to 1-for-50 (the “Reverse Stock Split”) and (B) arrange for the disposition of fractional interests by stockholders entitled thereto by entitling such stockholders to receive from the Company’s transfer agent, in lieu of any fractional share, the number of shares of common stock rounded up to the next whole number, provided that, (X) that the Company shall not effect Reverse Stock Splits that, in the aggregate, exceeds 1-for-50, and (Y) any Reverse Stock Split is completed no later than May 14, 2025, was approved by the stockholders by the votes set forth in the table below: For
View on SEC.gov
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