Imac Holdings (BACK) just unveiled an update.
IMAC Holdings, Inc. has made significant changes to its incentive plan, notably increasing the authorized shares for issuance to bolster its compensation strategy. During its virtual annual meeting, shareholders participated actively, with a quorum present, voting on key proposals including the election of five directors, ratifying the appointment of Marcum LLP as the independent auditor, approving executive compensation on an advisory basis, and amending the 2018 Incentive Compensation Plan to increase the stock reserved for issuance. All proposals were approved, setting the stage for the company’s governance and financial management in the coming year.
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