Corporate GovernanceMay 19, 2026, 04:18 PM
One Stop Systems Stockholders Approve Equity Plan Share Increase to 7M
AI Summary
One Stop Systems, Inc. stockholders approved an amendment to the 2017 Equity Incentive Plan, increasing authorized shares from 5,000,000 to 7,000,000 at the Annual Meeting on May 13, 2026. Stockholders also elected five directors, ratified Haskell & White LLP as the independent auditor for 2026, and approved, on a non-binding advisory basis, the compensation of named executive officers. All proposals presented at the meeting were approved.
Key Highlights
- Stockholders approved increasing shares for the 2017 Equity Incentive Plan from 5,000,000 to 7,000,000.
- Five directors were elected, including Mitchell Herbets (5,200,851 votes for) and Michael Knowles (5,293,164 votes for).
- Haskell & White LLP was ratified as the independent auditor for 2026 with 12,766,309 votes for.
- Named executive officer compensation was approved on an advisory basis with 4,350,087 votes for.
- A quorum was present with 13,450,598 shares (54.37%) represented at the Annual Meeting.
Price Impact
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