Akerna Corp. (KERN) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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At a special meeting on January 29, 2024, stockholders of the Company approved several key proposals, including the issuance of common stock for a merger with Gryphon, the sale of certain subsidiary interests to MJ Acquisition, a reverse stock split, the adoption of an Omnibus Incentive Plan, and changing the corporate name to Gryphon Digital Mining, Inc. Additionally, they authorized the conversion of a convertible note held by MJ Acquisition. However, the proposal to increase the number of authorized shares of common stock was not approved when votes were counted as a separate class.
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For a comprehensive understanding of the announcement, you can read the full document here.