Meta Materials Inc.
Meta Materials Inc.
04/19/2024 | Press release | Distributed by Public on 04/19/2024 14:32
Submission of Matters to a Vote of Security Holders - Form 8-K
|
Item 5.07. |
Submission of Matters to a Vote of Security Holders. |
Meta Materials Inc. (the "Company") held a special meeting of stockholders virtually, via live webcast on April 15, 2024 (the "Special Meeting"), in accordance with the Company's Proxy Statement filed with the SEC on March 5, 2024 (the "Proxy Statement"). As of the close of business on February 21, 2024, the record date for the Special Meeting, there were 6,421,384 shares of common stock, one share of our Series B Special Voting Preferred Stock (representing up to 368,118 shares of Metamaterial Exchangeco Inc.), and 6,421,384 shares of shares of Series C Preferred Stock, outstanding and entitled to vote, as a single class, on the proposals described below. As of the record date, approximately 58 % of the total shares outstanding and entitled to vote were represented in person via internet webcast or by proxy at the Special Meeting. Each proposal is described in detail in the Proxy Statement. The final voting results were as follows:
|
1. |
To approve an amendment to our Amended and Restated Articles of Incorporation, as amended, to increase the total number of authorized shares of common stock from 10,000,000 shares to 250,000,000 shares (the "Authorized Share Increase Proposal") |
|
Votes For |
Votes Against |
Abstentions |
|||||||||
|
1,785,082,876 |
1,937,453,257 |
10,549,539 |
|
2. |
To approve the adjournment of the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event there are not sufficient votes in favor of the Authorized Share Increase Proposal |
|
Votes For |
Votes Against |
Abstentions |
|||||||||
|
2,148,952,162 |
1,551,304,714 |
32,828,796 |