other_material
confidence high
sentiment neutral
materiality 0.75
TNF Pharmaceuticals shareholders approve 5x increase in authorized common shares and reverse split authorization
Q/C TECHNOLOGIES, INC.
- Authorized common shares increased from 250M to 1.25B, filed June 6, 2025.
- Stockholders approved reverse stock split at ratio 1-for-2 to 1-for-100, board discretion, within one year.
- Series F and F-1 preferred stock stated value increased from $1,000 to $1,100 per share, board may increase up to $1,250.
- All six director nominees elected; auditor ratification approved.
- Voting results: ~6.3M for share increase, ~6.4M for reverse split.
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