SAIheat holds online shareholder meeting, quorum present
Reuters2026/08/26 20:14- Shareholders met on Aug. 26, 2026, voting through a slate of merger-related resolutions.
- An amendment to authorized share capital was adopted, reclassifying 145,601 authorized but unissued Class B shares into Class A shares, effective at the Effective Time.
- A conditional name change to Canopy Wave Holdings Inc. was authorized, to take effect at the Effective Time.
- Directors were authorized to execute the merger agreement and related transaction agreements, subject to the deal’s terms and conditions.
- Other measures cleared included adopting amended and restated governing documents, setting the board size at five, approving share issuance tied to the merger and PIPE, and permitting adjournment if needed.
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