Summary by Moomoo AI
Meta Materials Inc. conducted a special meeting of stockholders on April 15, 2024, which was held virtually via live webcast. The meeting was in line with the Proxy Statement filed on March 5, 2024. On the record date of February 21, 2024, there were 6,421,384 shares of common stock, one share of Series B Special Voting Preferred Stock, and 6,421,384 shares of Series C Preferred Stock outstanding and entitled to vote. Approximately 58% of the total shares entitled to vote were represented at the meeting. The key agenda was to vote on two proposals. The first proposal was to approve an amendment to increase the total number of authorized shares of common stock from 10,000,000 to 250,000,000. This proposal did not pass, with 1,785,082,876 votes for, 1,937,453,257 votes against, and 10,549,539 abstentions. The second proposal was to approve the adjournment of the Special Meeting to a later date if necessary to solicit more votes if there were not enough votes in favor of the first proposal. This proposal passed with 2,148,952,162 votes for, 1,551,304,714 against, and 32,828,796 abstentions. The report was officially signed by Uzi Sasson on April 19, 2024.