Streamline Health Solutions Inc.
09/19/2024 | Press release | Distributed by Public on 09/19/2024 14:28
Proxy Results Form 8 K
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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Streamline Health Solutions, Inc. (the "Company") held its Special Meeting of Stockholders (the "Special Meeting") on September 19, 2024. Proxies for the Special Meeting were solicited pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, and there was no solicitation in opposition to the Board's proposals. At the Special Meeting, the Company's stockholders voted upon two proposals. The proposals are described in detail in the Company's Definitive Proxy Statement filed with the Securities and Exchange Commission on August 19, 2024.
As of the record date for the Special Meeting, there were 63,324,103 shares of the Company's common stock, par value $0.01 per share, outstanding and entitled to vote on each matter presented for vote at the Special Meeting. At the Special Meeting, 51,411,267 shares of common stock, or approximately 81%, of the outstanding shares of common stock, were represented in person or by proxy. A brief description and the final vote results for each proposal follow.
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1.
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Approval of an amendment to the Company's Certificate of Incorporation, as amended, to effect a reverse stock split of the Company's issued and outstanding shares of common stock at a ratio of any whole number between 1-for-5 and 1-for-15, at any time prior to October 4, 2024, with the exact ratio to be set within that range at the discretion of the Board, without further approval or authorization of the Company's stockholders:
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For
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Against
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Abstain
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Broker Non-Votes
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50,952,491
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412,639
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46,137
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─
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As a result, the proposal was approved.
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2.
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Approval of the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt Proposal 1:
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For
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Against
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Abstain
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Broker Non-Votes
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50,844,291
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540,375
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26,601
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─
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As a result, the proposal was approved.