other material
confidence high
sentiment neutral
materiality 0.70
AYRO shareholders approve reverse split authorization and share increase at annual meeting
Fabric.AI, Inc.
- Approved reverse stock split of common stock at ratio of 1-for-2 to 1-for-13, at Board's discretion.
- Approved amendment to Long-Term Incentive Plan increasing share reserve by 3,000,000 to total 4,229,956 shares.
- Elected six directors: Joshua Silverman, Wayne R. Walker, George Devlin, Sebastian Giordano, Zvi Joseph, Greg Schiffman.
- Ratified Marcum LLP as independent registered public accounting firm for fiscal year ending Dec 31, 2024.
- All proposals passed with sufficient votes; about 1.59 million broker non-votes on director elections and incentive plan.