Not independent
Tenure on this board
10.5 yrs
2 nominees · 4 ballot items.
Elect two Class I directors; ratify MaloneBailey, LLP as auditor; approve issuance of >19.99% of common stock issuable upon exercise of investor warrants and repricing of certain warrants; approve amendment to Certificate of Incorporation to allow a reverse stock split between 1:5 and 1:25; and transact other business.
Elect two Class I directors (Bruce M. Rodgers and Carollinn Gould) to serve three-year terms.
Ratify the appointment of MaloneBailey, LLP as the independent registered public accounting firm for fiscal year 2026.
Approve under Nasdaq Listing Rule 5635(d) the issuance of more than 19.99% of outstanding common stock issuable upon exercise of investor warrants issued in December 2025 and the reduced-price exercise (repricing) of warrants originally issued December 2024.
Approve an amendment to the Certificate of Incorporation to allow a reverse stock split at a ratio between 1:5 and 1:25, with the exact ratio to be determined by the Board if implemented.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | ARMISTICE CAPITAL, LLC | 6.3% | 1,097,153 | $274K |
| 2 | GEODE CAPITAL MANAGEMENT, LLC | 1.4% | 249,553 | $62K |
| 3 | JANE STREET GROUP, LLC | 0.6% | 100,374 | $25K |
| 4 | XTX Topco Ltd | 0.3% | 57,874 | $14K |
| 5 | JANE STREET GROUP, LLC | 0.3% | 51,395 | $13K |
| 6 | CITADEL ADVISORS LLC | 0.3% | 50,146 | $13K |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 0.3% | 48,272 | $12K |
| 8 | HRT FINANCIAL LP | 0.3% | 44,730 | $11 |
| 9 | TWO SIGMA SECURITIES, LLC | 0.2% | 36,593 | $9K |
| 10 | VANGUARD FIDUCIARY TRUST CO | 0.2% | 29,011 | $7K |
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