other material
confidence high
sentiment neutral
materiality 0.70
CDT Equity stockholders approve redomestication to Cayman Islands, reverse stock split, and share increase
CDT Equity Inc.
- Redomestication from Delaware to Cayman Islands approved (Proposal 6): ~2.22M for, 72K against, 21.9K abstain.
- Authorized common shares increased from 250M to 500M (Proposal 5): ~2.23M for, 77K against.
- Reverse stock split authorized (Proposal 4) at ratios 1:2 to 1:100 (aggregate 1:250) at board discretion.
- Issuance of up to 109.98M shares upon exercise of pre-funded warrants (Proposal 3) and 3.69M shares (Proposal 1) approved.