GAXOS.AI INC. (GXAI) Form 8-K — Aug 11, 2026
Gaxos.ai Inc. shareholders approved a proposal granting the board authority to effect a reverse stock split at a ratio between 1-for-2 and 1-for-50, at the board's discretion, any time before August 11, 2028. The vote passed 3,068,168 for to 1,754,234 against at the August 11, 2026 annual meeting. Shareholders also approved an amendment to the 2022 Equity Incentive Plan increasing shares reserved for issuance to 1,000,000 from 803,637, an increase of roughly 24% in the equity dilution pool.
Key figures
- Plan Shares New
- 1000000
- Plan Shares Prior
- 803637
- Reverse Split Vote For
- 3068168
- Plan Amendment Vote For
- 630447
- Reverse Split Max Ratio
- 1-for-50
- Reverse Split Min Ratio
- 1-for-2
- Quorum Shares Represented
- 4869942
- Reverse Split Vote Abstain
- 47540
- Reverse Split Vote Against
- 1754234
- Plan Amendment Vote Abstain
- 2260
- Plan Amendment Vote Against
- 197790
- Plan Share Increase Percent
- approximately 24%
- Auditor Ratification Vote For
- 4585107
- Reverse Split Authority Deadline
- August 11, 2028
- Auditor Ratification Vote Against
- 245714
Price after filing
Close on the filing date to close N calendar days later (from $0.89). Historical, not a forecast.
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