other_material
confidence high
sentiment neutral
materiality 0.45
Soluna stockholders approve reverse stock split (1:5 to 1:50) and elect two directors
Soluna Holdings, Inc
- David C. Michaels and Matthew Lipman elected Class II directors for three-year terms.
- Reverse stock split approved with 9,702,027 for, 1,479,079 against; ratio range 1:5 to 1:50.
- Adjournment proposal and auditor UHY LLP ratification also approved by wide margins.
- About 4.6M broker non-votes on director elections; no non-votes on other proposals.
item 5.07