Summary by Futu AI
Assure Holdings Corp., a Nevada-incorporated company, filed a Form 8-K with the SEC on April 30, 2024, reporting the proceedings of a special stockholders' meeting. The meeting, which took place on the same day, resulted in the decision to adjourn until May 14, 2024, to gather additional votes for a significant corporate action. The primary agenda was to seek approval for the amendment of the Company's Articles of Incorporation to increase the authorized common shares from 9,000,000 to 250,000,000, known as the Authorized Share Increase. This proposal, referred to as Proposal 1, is pivotal for the company's future capital structure. Assure Holdings Corp., which trades under the ticker IONM on the NASDAQ Capital Market, is also classified as an emerging growth company.