other material
confidence high
sentiment neutral
materiality 0.50
Addentax shareholders elect 5 directors, authorize reverse stock split up to 1:250
ADDENTAX GROUP CORP.
- Elected directors Hong Zhida, Hong Zhiwang, Li Weilin, Alex P. Hamilton, Xiao Jiangping; broker non-votes 2,746,434.
- Reverse stock split authorized: ratio from 1-for-2 to 1-for-250, with exact ratio set by board.
- Reverse split vote: 5,206,861 for, 260,790 against, 610 abstain.
- All director nominees received >2.6M votes for; no other proposals voted.