AGM/EGMJun 25, 2026, 04:47 PM
Cytosorbents to Hold AGM, Vote on Reverse Stock Split
AI Summary
Cytosorbents Corporation announced its Annual Meeting of Stockholders will be held virtually on August 13, 2026. Stockholders will vote on several key proposals, including the election of five directors, an advisory vote on executive compensation, and the ratification of the company's independent auditor. Most notably, the agenda includes a proposal to amend the Certificate of Incorporation to effect a reverse stock split, with a ratio between 1-for-5 and 1-for-20, at the Board's discretion.
Key Highlights
- Annual Meeting of Stockholders scheduled for August 13, 2026, at 10:00 a.m. Eastern Time.
- Meeting will be held virtually at www.virtualshareholdermeeting.com/CTSO2026.
- Stockholders of record as of June 15, 2026, are entitled to vote.
- Proposal to elect five directors for a one-year term.
- Proposal for a non-binding, advisory vote on executive compensation.
- Proposal to ratify WithumSmith+Brown, PC as independent auditor for fiscal year 2026.
- Proposal to approve a reverse stock split at a ratio of 1-for-5 to 1-for-20, at Board's discretion.
- Proposal to approve adjournment of the Annual Meeting if necessary.
Price Impact
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