Sharps Technology Inc.
10/10/2024 | Press release | Distributed by Public on 10/10/2024 15:28
Proxy Results Form 8 K
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the Special Meeting on October 7, 2024, 16,338,891 shares of the Company's common stock were represented in person or by proxy out of the 28,590,509 shares outstanding and entitled to vote as of August 13, 2024, the record date for the Special Meeting. The voting results for the proposal submitted to a vote of the stockholders of the Company at the Special Meeting are set forth below.
| 1. | The Company's stockholders approved a proposal to authorize the Company's Board of Directors (the "Board"), in its discretion at any time within one year after stockholder approval is obtained, to amend the Company's Articles of Incorporation to effect a reverse stock split of shares of the Company's common stock, within a range of 1-for-8 up to 1-for-22, with the exact ratio to be determined by the Company's Board and included in a public announcement (the "Reverse Stock Split Proposal"). The results of voting on the proposal are set forth below: |
| Votes For | Votes Against | Abstain | Broker Non-Votes | |||||||||||
| 15,112,926 | 1,219,593 | 6,372 | 0 |