other material
confidence high
sentiment neutral
materiality 0.45
GRI Bio shareholders authorize reverse stock split at ratio of 1:2 to 1:23
GRI Bio, Inc.
- Special meeting held Feb 11, 2025; quorum of 4,640,469 shares (51.94%) present.
- Reverse split proposal approved: 3,151,775 for, 1,484,078 against, 4,616 abstain.
- Board may set exact ratio within 1:2 to 1:23 range and can abandon split entirely.
- Adjournment proposal also approved: 3,237,240 for, 1,390,423 against, 12,806 abstain.