CareMax (CMAX) 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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CareMax, Inc. conducted a special meeting of stockholders on January 23, 2024, with a quorum achieved as 66,776,601 out of 112,340,628 shares of Class A common stock were represented. Stockholders approved an amendment to the Company’s Third Amended and Restated Certificate of Incorporation to effectuate a reverse stock split of Class A Common Stock within a ratio range of 1-for-10 to 1-for-40, as well as a corresponding reduction in the authorized shares, based on future determination by the Board of Directors. No other issues were voted upon at this meeting.
For further insights into CMAX corporate activity, check out TipRanks’ Insiders Trading Activity page.
