SideChannel Seeks to Reduce Authorized Shares to 13.1M Common, 1M Preferred

SideChannel, Inc. will hold a Special Meeting of Stockholders on September 23, 2026, to vote on amending its Certificate of Incorporation. The primary proposal is to significantly reduce the authorized common stock from 681,000,000 to 13,100,000 shares and preferred stock from 10,000,000 to 1,000,000 shares. This corporate action is intended to reduce annual Delaware franchise tax obligations, enhance corporate governance, and mitigate potential dilution concerns. The Board of Directors unanimously recommends that stockholders approve this proposal.