other material
confidence high
sentiment neutral
materiality 0.45
Auddia shareholders approve reverse stock split and equity line issuance at 2024 annual meeting
AUDDIA INC.
- Proposal to grant board discretionary authority for reverse stock split approved: 1,583,844 for, 827,856 against.
- Issuance of shares under equity line approved: 201,426 for, 99,905 against, 2,136,960 broker non-votes.
- Issuance of shares for Series B convertible preferred stock and warrants approved: 203,135 for, 86,315 against.
- Issuance of shares for retirement and conversion of secured bridge notes approved: 205,046 for, 84,562 against.
- Five directors re-elected: Thramann, Lawless, Deitsch, Hanlon, Birch; each received >254,000 votes for.