secwatch / observer
8-K filed March 17, 2023, 7:59 PM ET ticker EVFM CIK 0001618835
other material confidence high sentiment neutral materiality 0.50

Evofem stockholders approve reverse stock split of 1-for-20 to 1-for-125

Evofem Biosciences, Inc.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Evofem Biosciences, Inc. shareholders approved Approval of an amendment to the Company's Certificate of Incorporation to effectuate a reverse stock split of the outstanding shares of the Company's common stock by a ratio of not less than 1-for-20 and not more than 1-for-125 at any time on or prior to March 15, 2024, with the exact ratio to be se at the 2023-03-15 meeting.

Proposal
reverse split
Outcome
passed
Meeting
2023-03-15
Exact text from the filing
Proposal No. 1: The Company’s stockholders approved an amendment to the Company’s Certificate of Incorporation to effectuate a reverse stock split of the outstanding shares of the Company’s common stock by a ratio of not less than 1-for-20 and not more than 1-for-125 at any time on or prior to March 15, 2024, with the exact ratio to be set at a whole number within such range by the Company’s board of directors (the “Board”), at the sole discretion of the Board, as follows: Votes For Votes Against Abstentions Broker Non-Votes 132,595,045 23,270,478 1,693,299 0
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Evofem Biosciences, Inc. filing history →

Source: SEC EDGAR
accession 0001618835-23-000017
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