Genprex Stockholders Approve Reverse Split, Equity Plan Increase

Genprex, Inc. stockholders approved an amendment to the Certificate of Incorporation to effect a reverse stock split, allowing the Board to implement a ratio between one-for-five (1:5) and one-for-fifty (1:50) by December 31, 2027. Additionally, the company's amended and restated 2018 Equity Incentive Plan was approved, increasing the number of shares authorized for issuance by 1,850,000. Stockholders also elected two Class III directors, ratified the appointment of the independent registered public accounting firm, and approved the advisory vote on executive compensation.