Forward Industries shareholders authorize reverse stock split (1:2-1:3) at annual meeting

Forward Industries, Inc.

All three director nominees elected: Terence Wise (4,998,592 for), Sangita Shah (4,581,623 for), Sharon Hrynkow (4,996,182 for); Shah had 441,570 withheld.
Ratification of Marcum LLP as independent auditor for FY2024 approved (6,527,096 for).
Amendment to authorize reverse stock split at ratio from 1-for-2 to 1-for-3 approved (6,366,704 for).
Adjournment proposal declared moot as sufficient votes existed for other proposals.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Forward Industries, Inc. shareholders approved To ratify the appointment of the Company’s independent registered public accounting firm for fiscal year 2024 at the 2024-02-06 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2024-02-06

Exact text from the filing

(2) To ratify the appointment of the Company’s independent registered public accounting firm for fiscal year 2024 6,527,096 9,250 * 74,872 *

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Forward Industries, Inc. shareholders approved To approve an amendment to the Company’s Restated Certificate of Incorporation to authorize a reverse split of all outstanding shares of the Company’s common stock at a ratio to be determined by the Board in the range of 1-for-2 through 1-for-3 at the 2024-02-06 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2024-02-06

Exact text from the filing

(3) To approve an amendment to the Company’s Restated Certificate of Incorporation to authorize a reverse split of all outstanding shares of the Company’s common stock at a ratio to be determined by the Board in the range of 1-for-2 through 1-for-3 6,366,704 240,461 * 4,053 *

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Forward Industries, Inc. shareholders approved Election of directors at the 2024-02-06 meeting.

Proposal: director election
Outcome: passed
Meeting: 2024-02-06

Exact text from the filing

Proposal For Against Withheld Abstain Broker Non-Votes (1) To elect the following directors: Terence Wise 4,998,592 * 24,601 * 1,588,025 Sangita Shah 4,581,623 * 441,570 * 1,588,025 Sharon Hrynkow 4,996,182 * 27,011 * 1,588,025

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Forward Industries, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-24-000973

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