
AGM/EGMMay 20, 2026, 04:16 PM
Longeveron to Vote on Reverse Stock Split, Share Increase at AGM
AI Summary
Longeveron Inc. announced its 2026 Annual Meeting of Stockholders to be held virtually on July 1, 2026. Key proposals include the election of three Class II directors, approval of an amendment to increase authorized Class A common stock from 84.3 million to 175 million shares, and an amendment to effect a reverse stock split of Class A and Class B common stock at a ratio between 1-for-2 and 1-for-20. Stockholders will also vote on amending the 2021 Incentive Award Plan and ratifying the appointment of CBIZ CPAs P.C. as the independent auditor.
Key Highlights
- Annual Meeting of Stockholders scheduled for July 1, 2026.
- Proposal to elect three Class II directors.
- Proposal to increase authorized Class A common stock from 84,295,000 to 175,000,000 shares.
- Proposal to effect a reverse stock split of common stock at a ratio of 1-for-2 to 1-for-20.
- Proposal to amend the 2021 Incentive Award Plan to increase authorized shares.
- Proposal to ratify CBIZ CPAs P.C. as independent auditor for 2026.
Price Impact
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