other material
confidence high
sentiment neutral
materiality 0.70
Stockholders approve reverse stock split at ratio of 1-for-3 to 1-for-30
Lunai Bioworks Inc.
- Proposal 1 (reverse split) approved: 13,571,288 for, 1,153,415 against, 61,177 abstentions.
- Proposal 2 (adjournment) approved: 13,626,029 for, 1,091,528 against, 68,323 abstentions.
- Exact split ratio between 1:3 and 1:30 to be set by Board; intended to regain Nasdaq bid price compliance.