Summary by Futu AI
On August 28, 2024, Cingulate Inc., a Delaware-incorporated company listed on the Nasdaq Capital Market under the trading symbols CING for its common stock and CINGW for its warrants, held a Special Meeting of Stockholders. During the meeting, stockholders voted on two key proposals. The first proposal, which was adopted and approved, pertained to the issuance of shares of common stock underlying certain warrants as per the Nasdaq Listing Rule 5635(d). This issuance relates to warrants issued according to an Inducement Letter dated June 28, 2024, and an amended Engagement Letter with H.C. Wainwright & Co., LLC, dated December 27, 2023. The approval allows for the issuance of an amount equal to or in excess of 20% of the company's common stock outstanding immediately prior...Show More