AGM/EGMJun 9, 2026, 05:06 PM
Fusemachines Shareholders Approve 2M Share Increase for Equity Plan
AI Summary
Fusemachines Inc. held its 2026 Annual Meeting of Stockholders on June 9, 2026, with 86.0% of outstanding shares present. Shareholders elected Salman Alam, Bharat Krish, and Tim Gocher as Class I directors. They also approved an amendment to the 2025 Omnibus Equity Incentive Plan, increasing the maximum number of shares available by 2,000,000 to an aggregate of 3,500,000 shares. Additionally, the appointment of KNAV CPA LLP as the independent auditor for fiscal year 2026 was ratified.
Key Highlights
- Shareholders elected Salman Alam, Bharat Krish, and Tim Gocher as Class I directors.
- Approved an amendment to the 2025 Omnibus Equity Incentive Plan, increasing shares by 2,000,000 to 3,500,000.
- Ratified KNAV CPA LLP as the independent registered public accounting firm for fiscal year 2026.
- Bharat Krish received 20,983,953 votes for director.
- Salman Alam received 20,983,989 votes for director.
- Equity plan amendment passed with 11,215,677 votes for.
- Auditor ratification passed with 24,874,384 votes for.
- Approximately 86.0% of outstanding shares (24,896,070) were present at the meeting.
Price Impact
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