secwatch.observer — SEC 8-K summary
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Issuer:     SpringBig Holdings, Inc. (SBIG)
CIK:        0001801602
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0001801602-23-000074
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SpringBig stockholders approve reverse stock split (5:1 to 30:1) and amended equity plan
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- Reverse split authorized at ratio 5:1 to 30:1; Board to set final ratio; approved by 18.58M votes for, 81K against.
- Amended 2022 Long-Term Incentive Plan approved; adds annual share increase of up to 5% of outstanding, starting with 1,332,986 shares.
- Directors Amanda Lannert and Jon Trauben elected with 12.96M and 13.69M votes for, respectively.
- Marcum LLP ratified as independent auditor for FY2023 with 18.62M votes for, 46.8K abstain.
- Approximately 69.27% of outstanding shares (18.66M) represented at June 13, 2023 Annual Meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801602/000180160223000074/0001801602-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801602/000180160223000074/form8-kxjunebodmeetresults.htm
  HTML page:      https://secwatch.observer/filing/0001801602-23-000074

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