other material
confidence high
sentiment neutral
materiality 0.15
Aethlon Medical corrects 8-K: proposal to authorize 20M preferred shares failed at annual meeting
AETHLON MEDICAL INC
- Proposal No. 7 received 204,122 votes for, 9,529 against, 1,555 abstentions and 184,547 broker non-votes.
- Approval required a majority of the 711,136 shares outstanding on the Aug 10, 2026 record date, or at least 355,569 affirmative votes; only 204,122 were cast in favor.
- The Articles of Incorporation were not amended and no preferred stock was authorized; the original Oct 1, 2026 Form 8-K had incorrectly reported approval.
- The failed amendment would have authorized 20,000,000 preferred shares, $0.001 par value, and let the Board set series terms, powers and preferences.