other_material
confidence high
sentiment neutral
materiality 0.65
DIH shareholders approve reverse stock split and convertible debenture issuances at special meeting
DIH HOLDING US, INC.
- Reverse stock split amendment approved: 26.2M FOR, 769,701 AGAINST, 0 broker non-vote.
- Proposal to issue >19.99% of common stock upon conversion of 8% convertible debentures approved: 21.2M FOR.
- Reduction of base conversion price on 8% Original Debentures approved: 20.7M FOR.
- Amendment to Original Debentures purchase agreement to reduce additional investment price and extend deadline approved: 20.8M FOR.
item 5.07item 9.01