Sonoma Pharmaceuticals Stockholders Decide on Key Governance Issues
Company Announcements

Sonoma Pharmaceuticals Stockholders Decide on Key Governance Issues

Sonoma Pharmaceuticals (SNOA) has shared an update.

During the adjourned annual meeting on August 23, 2024, Sonoma Pharmaceuticals, Inc.’s stockholders made several key decisions including the election of two Class I directors, approval of executive compensation, and rejection of the company’s reincorporation from Delaware to Nevada. Additionally, they approved an increase in authorized shares, the 2024 Equity Incentive Plan, a reverse stock split, and the appointment of a new independent accounting firm. These decisions will significantly shape the company’s governance and financial strategy moving forward. A press release regarding the reverse stock split was subsequently issued.

See more insights into SNOA stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlySonoma Pharmaceuticals reports Q2 (59c) vs ($5.75) last year
TheFlySonoma Pharmaceuticals expands partnership with healthcare distributor
TheFlySonoma Pharmaceuticals regains compliance with Nasdaq requirement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App