Present at the Special Meeting, via the virtual meeting platform or by proxy, were holders of 5,277,565 shares of common stock, par value $0.0001 per share, of the Company (“Common Stock”), representing approximately 76.43% of the voting power of the Common Stock as of March 12, 2024, the record date for the Special Meeting (the “Record Date”), and constituting a quorum for the transaction of business. As of the Record Date there were 6,847,003 shares of Common Stock issued and outstanding.
At the Special Meeting, the Company’s stockholders approved the Charter Amendment as defined and described in detail in the proxy statement filed by the Company on March 27, 2024 and supplemented by Supplement No. 1 to the Proxy Statement filed by the Company on March 28, 2024 (“Proxy Statement”) and incorporated herein by reference.
The approval of the Charter Amendment required the affirmative vote of holders of at least 65% of the Common Stock outstanding on the Record Date.
The Adjournment Proposal, as defined and described in greater detail in the Proxy Statement, was not presented to the Company’s stockholders, as the Charter Amendment received a sufficient number of votes required for approval, and the Board did not determine to adjourn the Special Meeting for reasons otherwise in connection with the Extension Amendment Proposal.
1
Set forth below are the final voting results for the Charter Amendment. Defined terms used but not defined in the Charter Amendment described below have the meanings ascribed to such terms in the Proxy Statement:
| FOR | | AGAINST | | ABSTAIN |
| 5,005,951 (72.50%) | | 271,614 (3.93%) | | 0 (0.00%) |
