other material
confidence high
sentiment neutral
materiality 0.50
Stockholders approve increase in equity plan shares to 2.075M at annual meeting
Data Storage Corp
- Amendment to 2021 Stock Incentive Plan approved: authorized shares increased by 1M to 2,075,000.
- All 10 director nominees elected; votes for ranged from 3.10M to 3.35M per nominee.
- Ratification of auditor passed with 4.93M for, 18.9K against; executive compensation advisory approved with 3.27M for.
- Broker non-votes of 1,717,891 shares on director and compensation proposals.
- Total outstanding shares as of record date: 6,970,943; the 1M increase represents ~14% dilution authorized.