other material
confidence high
sentiment neutral
materiality 0.15
SideChannel holders approve cutting authorized shares to 13.1M common and 1M preferred from 681M/10M
SideChannel, Inc.
- Special meeting held September 23, 2026; Proposal No. 1 approved with 2,680,894 votes for, 162,791 against and 58 abstained.
- Authorized common stock reduced from 681,000,000 to 13,100,000 shares; authorized preferred reduced from 10,000,000 to 1,000,000 shares.
- Record date July 24, 2026: 4,572,757 common shares outstanding; 2,843,743 shares represented in person or by proxy, constituting a quorum.
- Adjournment proposal (Proposal No. 2) was rendered moot and not presented; 8-K signed by CEO Brian Haugli on September 25, 2026.