other material
confidence high
sentiment neutral
materiality 0.40
Shareholders approve 5,000-for-1 reverse stock split at special meeting
Transportation & Logistics Systems, Inc.
- Special meeting held Aug 11, 2026; 61.8% quorum (10.46B of 16.93B votes present).
- Proposal 1: reverse split approved with 9.61B for, 852.6M against, 1.16M abstain.
- Proposal 2: adjournment approved with 9.60B for, 847M against, 16.8M abstain.
- Split not effective until FINRA approval and Nevada certificate amendment filed.