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cbdMD Shareholders Approve Potential Reverse Stock Split Of Up To 1-for-10

Benzinga·04/01/2026 20:13:17
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  Proposal 3: The approval and adoption of an amendment to our articles of incorporation, as amended, at the discretion of the board of directors, to effect a reverse stock split of our issued and outstanding shares of common stock, at a specific ratio, ranging from one-for-two (1:2) to one-for-ten (1:10), at any time prior to the one-year anniversary date of the 2026 Annual Meeting, with the exact ratio to be determined by the board was approved, based upon the following final tabulation of votes:
"For"   "Against"   "Abstain"
3,420,668   2,215,228   96,148