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SenesTech | 8-K: Current report

SEC ·  Jul 16 05:04

Summary by Futu AI

On July 11, 2024, SenesTech, Inc. held its annual stockholders meeting in Phoenix, Arizona, where several key decisions were made. Stockholders elected Jamie Bechtel and Phil Grandinetti III as Class II directors, each to serve a three-year term. Additionally, the compensation of the company's named executive officers for fiscal 2023 was approved on a non-binding advisory basis. A significant amendment to the 2018 Equity Incentive Plan was passed, increasing the available shares for issuance by 2,000,000. Furthermore, M&K CPAS, PLLC was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Stockholders also approved a reverse stock split proposal, authorizing the board to implement a split at a ratio between 1-for-2 and 1-for-20 shares at their discretion. An adjournment proposal was approved as well, allowing the meeting to be postponed if necessary to solicit further votes on the reverse stock split.
On July 11, 2024, SenesTech, Inc. held its annual stockholders meeting in Phoenix, Arizona, where several key decisions were made. Stockholders elected Jamie Bechtel and Phil Grandinetti III as Class II directors, each to serve a three-year term. Additionally, the compensation of the company's named executive officers for fiscal 2023 was approved on a non-binding advisory basis. A significant amendment to the 2018 Equity Incentive Plan was passed, increasing the available shares for issuance by 2,000,000. Furthermore, M&K CPAS, PLLC was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Stockholders also approved a reverse stock split proposal, authorizing the board to implement a split at a ratio between 1-for-2 and 1-for-20 shares at their discretion. An adjournment proposal was approved as well, allowing the meeting to be postponed if necessary to solicit further votes on the reverse stock split.

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