other material
confidence high
sentiment neutral
materiality 0.55
Nexentis shareholders approve reverse stock split and discounted equity issuance at special meeting
Nexentis Technologies Inc.
- Reverse stock split (1-for-2 to 1-for-500) approved with 2,855,535 for, 272,430 against.
- Equity issuance proposal (up to 20% discount) approved: 2,230,497 for, 112,345 against (775,360 broker non-votes).
- Facility amendment with L.I.A. Pure Capital Ltd. approved: 1,789,433 for, 98,561 against, 466,614 abstain.
- Adjournment proposal approved with 2,949,940 for, 177,153 against.