Summary by Moomoo AI
On April 3, 2024, Reliance Global Group, Inc. conducted a virtual special meeting of stockholders to vote on two key proposals. The meeting, which was initially scheduled for March 13, 2024, but later adjourned to April, resulted in the approval of both items on the agenda. The first item was an Articles Amendment for an increase in authorized shares, allowing the company to potentially issue shares exceeding 19.99% of its outstanding common stock in compliance with Nasdaq listing rules. The amendment was passed with 2,209,431 votes for, 164,648 against, and 43,472 abstentions. The second item was the approval of the 2024 Equity Incentive Plan, which received 2,139,182 votes for, 229,239 against, and 49,130 abstentions. The successful vote on these matters reflects shareholder support for the company's strategic initiatives.