Forward Industries Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 10, 2024, Forward Industries, Inc. (the “Company”) held a Special Meeting of Shareholders (the “Special Meeting”) in accordance with the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 17, 2024. The voting results are below:
| Proposal | For | Against | Abstain | Broker Non-Votes |
| To approve an amendment to our Certificate of Incorporation to authorize a reverse stock split of our issued and outstanding shares of common stock at a ratio to be determined in the discretion of our Board of Directors within a range of one-for three through one-for-10 | 6,448,669 | 170,317 | 5,631 |
(1) |
| (1) | Not applicable. |
As there were sufficient votes to approve proposal 1, proposal 2 was moot and was not presented at the Special Meeting.
On the record date, there were 10,061,185 shares of common stock outstanding and a total of 6,624,617 shares were voted. Proposal 1 required the majority of shares of common stock outstanding.
The Board of Directors approved a one-for-10 split.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FORWARD INDUSTRIES, INC. | |||
| Date: June 10, 2024 | By: | /s/ Kathleen Weisberg | |
| Name: Kathleen Weisberg | |||
| Title: Chief Financial Officer | |||
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