AGM/EGMMay 29, 2026, 09:22 AM
Cingulate to Increase Equity Plan Shares by 625,000
AI Summary
Cingulate Inc. announced its Annual Meeting of Stockholders will be held virtually on July 9, 2026. Stockholders will vote on the election of Jeff Hargroves as a Class II director, the ratification of KPMG LLP as the independent auditor, and a proposal to increase the authorized shares under the 2021 Omnibus Equity Incentive Plan by 625,000 to a total of 2,221,126 shares. The Board also plans to reduce its size from seven to five directors, with two current Class II directors not seeking re-election.
Key Highlights
- Annual Meeting of Stockholders scheduled for July 9, 2026, at 10:00 a.m. Central Time.
- Proposal to increase shares for 2021 Omnibus Equity Incentive Plan by 625,000 to 2,221,126 shares.
- Jeff Hargroves nominated for election as a Class II director until the 2029 annual meeting.
- KPMG LLP proposed for ratification as independent auditor for year ending December 31, 2026.
- Board intends to reduce its size from seven to five directors.
- Jeffrey S. Ervin and John A. Roberts will not seek re-election as Class II directors.
- Record date for voting is May 18, 2026, with 13,469,036 shares outstanding.
Price Impact
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