10 nominees · 6 ballot items.
Six proposals for stockholder approval and one adjournment, covering issuances of Class A common stock related to Convertible Notes and Warrants, Equity Line of Credit, Inducement Warrants (October and December 2025), a Share Increase, and an Adjournment of the meeting.
Approve the issuance of Class A common stock to holders of the Convertible Notes and Warrants (including AIR Warrants) and any future adjustments of the exercise price of the warrants or conversion price of the notes.
Approve issuance of Class A common stock in connection with the Equity Line of Credit and the exercise of Pre-Funded Warrants, and any future adjustment of the ELOC rate.
Approve issuance of up to 418,466 October 2025 Inducement Warrant Shares upon exercise of the October 2025 Inducement Warrants, and any future adjustments of the exercise price of the warrants.
Amend the Second Amended and Restated Certificate of Incorporation to increase the authorized Class A common stock from 250,000,000 to 260,000,000 shares.
Approve issuance of up to 408,577 December 2025 Inducement Warrant Shares upon exercise of the December 2025 Inducement Warrants, and any future adjustments of the exercise price of the warrants.
Provide for postponement or adjournment of the Special Meeting to a later date to permit further solicitation and vote if there are insufficient votes.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Penserra Capital Management LLC | 1.3% | 130,405 | $480K |
| 2 | Virtu Financial LLC | 0.2% | 22,025 | $81K |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 0.2% | 19,012 | $70K |
| 4 | UBS Group AG | 0.1% | 6,060 | $22K |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 0.0% | 2,758 | $10K |
| 6 | VANGUARD FIDUCIARY TRUST CO | 0.0% | 2,753 | $10K |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 0.0% | 2,229 | $8K |
| 8 | Tower Research Capital LLC (TRC | 0.0% | 1,619 | $6K |
| 9 | Elequin Capital, LP | 0.0% | 1,461 | $5K |
| 10 | SBI Securities Co., Ltd. | 0.0% | 508 | $2K |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.