Summary by Futu AI
Cingulate Inc., a company listed on the United States Securities and Exchange Commission, has announced a Special Meeting of Stockholders to be held virtually on August 23, 2024. The primary agenda for the meeting is to seek stockholder approval for two key proposals. The first, known as the Issuance Proposal, is to authorize the issuance of shares of common stock underlying certain warrants as part of compliance with Nasdaq Listing Rule 5635(d). These warrants were issued pursuant to an Inducement Letter dated June 28, 2024, and an Engagement Letter with H.C. Wainwright & Co., LLC, dated December 27, 2023. The second proposal, the Adjournment Proposal, is to approve the adjournment of the Special Meeting to a later date if necessary, to allow for further solicitation of...Show More