Not independent
Tenure on this board
1.2 yrs
5 nominees · 5 ballot items.
Five proposals: (1) Amend charter to increase Class B authorized shares; (2) Approve issuance of Class B shares under Exchange Agreement (Nasdaq rule approval); (3) Reverse stock split of Class A and B at 1-for-2 to 1-for-50; (4) Approve future sale of up to 5,000,000 Class A shares to CEO Hui Luo at 150% of prevailing Class B market price; (5) Elect five directors.
Amend the articles of incorporation to increase authorized Class B Common Stock from 40,000,000 to 2,500,000,000 shares.
Approve issuance of Class B Common Stock upon conversion of Series C Preferred Stock under Exchange Agreement with Solana Growth Ventures LLC, to comply with Nasdaq Listing Rules.
Approve a reverse stock split of all outstanding Class A and Class B Common Stock at a ratio determined by the Board between 1-for-2 and 1-for-50.
Approve future sale of up to 5,000,000 Class A shares to CEO Hui Luo at 150% of prevailing Class B market price.
Elect five directors — Hui Luo, Yan Zhang, Tracy Xia, Mona Liang and Amanda Chang — to hold office until the next annual meeting.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.1% | 87,463 | $269K |
| 2 | Harraden Circle Investments, LLC | 0.1% | 4,832 | $15K |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 0.0% | 2,685 | $8K |
| 4 | UBS Group AG | 0.0% | 2,136 | $7K |
| 5 | VANGUARD FIDUCIARY TRUST CO | 0.0% | 1,288 | $4K |
| 6 | GROUP ONE TRADING LLC | 0.0% | 283 | $872 |
| 7 | WOLVERINE ASSET MANAGEMENT LLC | 0.0% | 9 | $28 |
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