other material
confidence high
sentiment neutral
materiality 0.45
SkinHealth stockholders approve reverse split of 1-for-5 to 1-for-20 at September 22 special meeting
SkinHealth Systems Inc.
- Proposal 1 passed with 114,398,602 votes for, 1,406,150 against and 88,570 abstentions; exact split ratio left to the board's sole discretion within the 1-for-5 to 1-for-20 range.
- Proposal 2, allowing adjournment for further proxy solicitation, passed 114,344,814 for to 1,450,597 against, with 97,911 abstentions.
- 130,140,763 Class A shares outstanding as of the August 3, 2026 record date; 115,893,322 shares (89.05%) present virtually or by proxy, establishing a quorum.
- No broker non-votes were recorded on either proposal; matters were described in the Definitive Proxy Statement on Schedule 14A filed August 12, 2026.
- Filing signed by Michael Monahan, Chief Financial and Operating Officer, dated September 28, 2026.