other material
confidence high
sentiment neutral
materiality 0.50
Volcon stockholders approve reverse stock split authorization (ratio up to 1-for-30)
Empery Digital Inc.
- Approved amendment to charter authorizing board to effect reverse split at ratio between 1-for-2 and 1-for-30.
- Proposal 1 passed with 1,788,125 for, 847,973 against, 7,593 abstain (no broker non-votes).
- Proposal 2 (adjournment if needed) approved: 1,644,227 for, 744,669 against, 29,859 abstain.
- Approval allows board to implement split within one year of Nov 1, 2024 special meeting.