other material
confidence high
sentiment neutral
materiality 0.50
GRI Bio stockholders approve reverse stock split in range of 1:2 to 1:15
GRI Bio, Inc.
- Proposal 1 approved: 1,417,003 votes for, 310,490 against, 120 abstained.
- Board authorized to set exact ratio between 1:2 and 1:15; may still abandon split.
- Proposal 2 (adjournment) approved with 1,427,587 for, 270,321 against, 29,705 abstained.
- Special meeting held June 7, 2024; quorum of 1,727,613 shares (45.8%) present.