Summary by Futu AI
On May 14, 2024, Assure Holdings Corp. reconvened its previously adjourned special meeting of stockholders, where a significant resolution was passed. Shareholders approved an amendment to the Company's Articles of Incorporation, which will increase the authorized shares of common stock from 9,000,000 to 250,000,000. The approval was achieved with 5,226,969 votes in favor, 194,592 against, and 5,901 abstentions. This move is part of Assure's strategy to merge with Danam Health and maintain its NASDAQ listing. The Company plans to promptly file the amendment to effectuate the increase in authorized common stock. In addition, Assure issued a press release on May 16, 2024, to announce the stockholder approval of the increase in authorized shares. The press release also serves as a reminder of the proposed transactions between Assure...Show More