TaoWeave, Inc. — fact timeline

TaoWeave, Inc. reported First quarter ended March 31, 2026 results: revenue $0.7 million, net income $1.7 million, EPS $0.43 per diluted share.

“results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights ● Net income of $1.7 million, or $0.43 per diluted share, compared to a net loss of $0.7 million, or $(0.59) per diluted share, in Q1 2025. Q1 2026 reflects a $2.2 million unrealized gain and a $52,000 realized gain on the Company’s TAO holdings. ● Total revenue of $0.7”

TaoWeave, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

“September 21, 2023, Oblong, Inc., a Delaware corporation (the “ Company ”), received written notice (the " Notice ") from the Nasdaq Stock Market, LLC (" Nasdaq ") indicating that the bid price for the Company's common stock (the "Common Stock"), for the last 30 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company is not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the " Bid Price Rule "). On March 20, 2024, the Company received”

TaoWeave, Inc. reported Q4 2023 results: revenue $0.9 million, net income Net loss of $1.2 million.

“Total revenue was $0.9 million for the fourth quarter of 2023 versus $1.4 million for the fourth quarter of 2022. • Net loss of $1.2 million for the fourth quarter of 2023, compared to a net loss of $1.2 million for the fourth quarter of 2022.”

TaoWeave, Inc. shareholders approved Approval of adjournment of the Annual Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated votes at the time of the Annual Meeting, there are insufficient shares represented to constitute a quorum or to approve the charter am at the 2023-12-04 meeting.

“Votes For Votes Against Votes Abstain Broker Non-Votes 4,405,878 831,482 48,219 —”

TaoWeave, Inc. shareholders approved Approval of an amendment to Article FOURTH of the Company's Amended & Restated Certificate of Incorporation to effect a reverse stock split of the Company's issued and outstanding shares of common Stock by a ratio ranging from 1-for-10 to 1-for-45. at the 2023-12-04 meeting.

“Votes For Votes Against Votes Abstain Broker Non-Votes 4,370,990 910,471 4,118 0”

TaoWeave, Inc. shareholders approved Ratification of the appointment of EisnerAmper LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-12-04 meeting.

“Votes For Votes Against Votes Abstain Broker Non-Votes 4,902,822 336,512 46,245 0”

TaoWeave, Inc. shareholders approved Election of the following persons to the Board of Directors of the Company to serve until the Company’s next annual meeting of stockholders, or until their respective successors are duly elected and qualified. at the 2023-12-04 meeting.

“Votes For Votes Withheld Broker Non-Votes Jason Adelman 1,669,876 179,273 0 Peter Holst 1,660,558 188,591 0 Jonathan Schechter 1,662,010 187,139 0 Robert Weinstein 1,576,259 272,890 0 Deborah Meredith 1,661,777 187,372 0”

TaoWeave, Inc. reported the three and nine months ended September 30, 2023 results: revenue $0.9 million, net income Net loss of $0.9 million.

“that can redefine the marketplace." Third Quarter 2023 Financial Results • As of September 30, 2023, the Company had $6.8 million of cash and no debt. • Total revenue was $0.9 million for the third quarter of 2023 versus $1.2 million for the third quarter of 2022. • Net loss of $0.9 million for the third quarter of 2023, compared to a net loss of $7.2 million”

TaoWeave, Inc.: Reduced quorum requirement for stockholder meetings from a majority to one-third of outstanding capital stock (effective 2023-10-19).

“The First Amendment modifies Section 2.7 of the By-Laws, which pertains to the quorum requirement for stockholder meetings. The First Amendment reduces the quorum requirement for stockholder meetings from a majority to one-third (1/3) of the capital stock issued and outstanding and entitled to vote thereat, present in person or represented by proxy, as permitted by Section 216 of the Delaware General Corporation Law and Nasdaq Listing Rule 5620(c).”

TaoWeave, Inc. amended Waiver to Securities Purchase Agreement and related instruments with Investors holding a majority of the outstanding shares of the Preferred Stock valued at Waiver waiving conversion/exercise price provisions below $0.2792 (effective 2023-10-06).

“On October 6, 2023, the Company and Investors holding a majority of the outstanding shares of the Preferred Stock agreed to waive any and all provisions, terms, covenants and obligations in the Certificate of Designations or Common Warrants to the extent such provisions permit the conversion or exercise of the Preferred Stock and the Common Warrants, respectively, to occur at a price below $0.2792 (the “Waiver”).”

TaoWeave, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

“September 21, 2023, Oblong, Inc., a Delaware corporation (the “ Company ”), received written notice (the " Notice ") from the Nasdaq Stock Market, LLC (" Nasdaq ") indicating that the bid price for the Company's common stock (the "Common Stock"), for the last 30 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company is not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The Notice has no effect at this time of the Common Stock, which”

TaoWeave, Inc. entered into Exchange Agreement with entities affiliated with Foundry Group valued at Exchange of 406,776 shares of common stock for pre-funded warrants to purchase 406,776 shares of com (effective 2023-06-30).

“On June 30, 2023, Oblong, Inc. (the “Company”) entered into an exchange agreement (the “Exchange Agreement”) with entities affiliated with Foundry Group (the “Exchanging Stockholders”), pursuant to which the Company exchanged an aggregate of 406,776 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), owned by the Exchanging Stockholders for pre-funded warrants (the “Exchange Warrants”) to purchase an aggregate of 406,776 shares of Common Stock (subject to adjustment in the event of stock splits, recapitalizations and other similar events affecting Common Stock), with an exercise price of $0.0001 per share.”

Robert Weinstein was appointed as Director at TaoWeave, Inc..

“On May 29, 2023, upon the recommendation of such lead investor and the approval of the Nominating Committee, the Board appointed Jonathan Schechter and Robert Weinstein as directors of the Company to fill the vacancies created by the resignation of Messrs. Lusk and Blumberg.”

Jonathan Schechter was appointed as Director at TaoWeave, Inc..

“On May 29, 2023, upon the recommendation of such lead investor and the approval of the Nominating Committee, the Board appointed Jonathan Schechter and Robert Weinstein as directors of the Company to fill the vacancies created by the resignation of Messrs. Lusk and Blumberg.”

Matthew Blumberg resigned as Director at TaoWeave, Inc..

“On May 28, 2023, each of James Lusk and Matthew Blumberg submitted to the Board a notice of resignation as a director of the Company, with such resignation to be effective immediately.”

James Lusk resigned as Director at TaoWeave, Inc..

“On May 28, 2023, each of James Lusk and Matthew Blumberg submitted to the Board a notice of resignation as a director of the Company, with such resignation to be effective immediately.”

TaoWeave, Inc. shareholders approved Approval of the issuance of shares of our common stock underlying shares of convertible preferred stock and warrants issued pursuant to that certain Securities Purchase Agreement, dated as of March 30, 2023, by and among Oblong, Inc. and the investors named therein, in an amount equal to 20% or more at the 2023-05-18 meeting.

“1. Approval of the issuance of shares of our common stock underlying shares of convertible preferred stock and warrants issued pursuant to that certain Securities Purchase Agreement, dated as of March 30, 2023, by and among Oblong, Inc. and the investors named therein, in an amount equal to 20% or more of our common stock outstanding before the issuance of such convertible preferred stock and warrants (including upon the operation of anti-dilution provisions contained in such convertible preferred stock and warrants), as required by and in accordance with Nasdaq Listing Rule 5635(d). Votes For Votes Against Votes Abstain Broker Non-Votes 1,448,323 80,452 1,329 0”

TaoWeave, Inc. entered into Engagement Letter with Dawson James Securities Inc. valued at cash fee equal to 8% of aggregate gross proceeds raised in the Private Placement and Placement Agent (effective 2023-03-30).

“In connection with the Private Placement, pursuant to an Engagement Letter dated March 30, 2023 (the “ Engagement Letter ”), between the Company and Dawson James Securities Inc. (the “ Placement Agent ”), the Company has agreed to (i) pay the Placement Agent a cash fee equal to 8% of the aggregate gross proceeds raised in the Private Placement, and (ii) grant to the Placement Agent warrants (the “ Placement Agent Warrants ”) to purchase 306,433 shares of Common Stock at an initial exercise price of $1.71.”

TaoWeave, Inc. entered into Securities Purchase Agreement with certain accredited investors valued at aggregate gross proceeds expected to be $6,386,250 (effective 2023-03-30).

“On March 30, 2023, Oblong, Inc. (“ we ” or the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain accredited investors (the “ Investors” ), pursuant to which we issued and sold, in a private placement transaction (the “ Private Placement ”) (i) 6,550 shares (“ Preferred Shares ”) of our newly designated Series F convertible preferred stock, $0.0001 par value per share (the “ Series F Preferred Stock ”), initially convertible into up to 3,830,409 shares of our common stock, par value $0.0001 per share (“ Common Stock ”), (ii) preferred warrants (“ Preferred Warrants ”) to acquire up to 32,750 shares of Series F Preferred Stock (the “ Warrant Preferred Shares ”) and (iii) common warrants (“ Common Warrants ”, and with the Preferred Warrants, the “ Warrants ”), to acquire up to 3,830,413 shares of Common Stock.”

TaoWeave, Inc. shareholders approved Advisory approval of executive compensation at the 2022-12-30 meeting.

“4. Approve, on an advisory and non-binding basis, executive compensation as described in the proxy statement. Votes For Votes Against Votes Abstain Broker Non-Votes 15,612,509 552,440 108,093 6,128,334”

TaoWeave, Inc. shareholders approved Approval of amendment to Article FOURTH of Certificate of Incorporation to effect reverse stock split at ratio of 1-for-5, 1-for-10, or 1-for-15 at the 2022-12-30 meeting.

“3. Approval of an amendment to Article FOURTH of the Company's Amended & Restated Certificate of Incorporation to effect a reverse stock split of the Company's issued and outstanding shares of common Stock by a ratio of 1-for-5, 1-for-10, or 1-for-15. Votes For Votes Against Votes Abstain Broker Non-Votes 21,546,244 677,116 178,016 0”

TaoWeave, Inc. shareholders approved Ratification of EisnerAmper LLP as independent registered public accounting firm for fiscal year 2022 at the 2022-12-30 meeting.

“2. Ratification of the appointment of EisnerAmper LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. Votes For Votes Against Votes Abstain Broker Non-Votes 22,120,586 252,015 28,775 0”

TaoWeave, Inc. shareholders approved Election of directors at the 2022-12-30 meeting.

“1. Election of the following persons to the Board of Directors of the Company to serve until the Company’s next annual meeting of stockholders, or until their respective successors are duly elected and qualified. Name Votes For Votes Withheld Broker Non-Votes Jason Adelman 16,075,146 197,896 0 Peter Holst 15,789,207 483,835 0 James Lusk 16,087,690 185,352 0 Matthew Blumberg 16,101,613 171,429 0 Deborah Meredith 16,099,672 173,370 0”

TaoWeave, Inc. reported third quarter ending September 30, 2022 results: revenue $1.2 million, net income Net loss of $7.2 million.

“time for our organization,” commented Pete Holst, President & CEO of Oblong. • As of September 30, 2022, the Company had $4.1 million of cash and no debt. • Total revenue was $1.2 million for the third quarter of 2022 versus $1.8 million for the third quarter of 2021. • Net loss of $7.2 million for the third quarter of 2022, compared to a net loss of $0.7 million”

Pete Hawkes was terminated as Senior Vice President of Product, Design & Engineering at TaoWeave, Inc..

“On March 4, 2022, Pete Hawkes was terminated as the Senior Vice President of Product, Design & Engineering of Oblong, Inc., (the “Company”) due to the elimination of his position with the Company.”

Deborah Meredith was appointed as Director at TaoWeave, Inc..

“appointed Matthew Blumberg, age 50, and Deborah Meredith, age 62, to fill the two vacant seats created by the expansion of the Board, effective as of August 16, 2021.”

Matthew Blumberg was appointed as Director at TaoWeave, Inc..

“appointed Matthew Blumberg, age 50, and Deborah Meredith, age 62, to fill the two vacant seats created by the expansion of the Board, effective as of August 16, 2021.”