Shareholder approval

374Water (SCWO) seeks shareholder approval for a reverse stock split (1-for-8 to 1-for-20) at a December 15, 2025 meeting. If approved, split-adjusted trading could begin December 26, 2025. The board can abandon the split even after approval. Management cites maintaining its Nasdaq listing and improving financing options. Recent insider purchases, a Minimum Equity Ownership Policy, and $7.0M from an ATM facility extending cash runway into Q2 2026 were also noted. A Q3 2025 results call is scheduled for November 12, 2025.

Theriva Biologics (TOVX) secured $4.0 million (potentially $4.4 million total) by incentivizing warrant exercises at $0.54. Investors receive new warrants for twice the shares exercised (up to 14,720,920 shares), exercisable post-stockholder approval and expiring in five years. Proceeds fund working capital. The deal provides immediate liquidity while shifting dilution risk to the future, contingent on shareholder approval and SEC registration for the new warrants. A.G.P./Alliance Global Partners advised on the transaction.

THEMAC Resources Group (TSXV: MACQF) shareholders approved Tulla Resources Group’s acquisition of outstanding shares at CAD $0.08 per share. 95.07% of votes favored the arrangement (56.51% after MI 61-101 exclusions). Completion, targeted for October 2025 and pending court order, is conditional on satisfying all closing conditions. Upon completion, THEMAC will be delisted from the TSXV, taking the company private. The Yukon Supreme Court will be petitioned for a Final Order.

Tesla is seeking shareholder approval for a new CEO compensation package for Elon Musk, following a court invalidation of his 2018 pay plan, deemed excessive. The proposal includes stock options vesting upon achieving ambitious market capitalization and operational milestones, aiming to incentivize Musk and grant him increased voting power. Tesla also proposes investing in Musk’s AI venture, xAI, raising conflict-of-interest concerns. The timing coincides with an ongoing legal battle regarding the 2018 package, adding complexity to executive compensation practices and corporate governance.

Tulla Resources Group will acquire the remaining shares of THEMAC Resources Group for $0.08 per share, an 11% premium. Tulla, already holding 60.39% of THEMAC, needs shareholder (2/3 majority) and minority shareholder approval at an October 7, 2025 meeting. Key shareholders (18.64%) support the deal, expected to close mid-to-late October 2025. The board, backed by a fairness opinion, unanimously approved the arrangement. Upon completion, THEMAC will be delisted.

CMB.TECH’s merger with Golden Ocean is progressing, with Golden Ocean shareholders voting on approval August 19, 2025. The stock-for-stock merger entails an exchange ratio of 0.95 CMB.TECH shares per Golden Ocean share. Pending shareholder approval and secondary listing on Euronext Oslo Børs, the merger is expected to close around August 20, 2025, initiating trading of new shares on multiple exchanges. The company has received demand letters and faces potential dissenting shareholder actions and legal proceedings, and must complete Golden Ocean’s refinancing.

Borr Drilling Limited (NYSE: BORR) announced that shareholders approved key resolutions at a special general meeting on August 6, 2025. These include setting the maximum number of directors at eight, electing Thiago Mordehachvili as a director, and increasing authorized share capital from US$31,500,000 to US$36,500,000 through the authorization of 50,000,000 additional common shares. The capital injection will allow Borr Drilling to pursue strategic investments and growth opportunities.

Elixxer Ltd. announces the upcoming resumption of trading following the revocation of a cease trade order. Key initiatives, including a new stock option plan, received shareholder approval at the AGM. The company has also strengthened its leadership with new CEO and CFO appointments and a refreshed Board of Directors. Strategic debt restructuring and bridge financing are in place. Elixxer is actively pursuing merger and acquisition opportunities and is involved in ongoing litigation regarding its investment in Freia Farmaceutici Srl.

Qifu Technology, Inc. shareholders approved a rebranding to Qfin Holdings, Inc. and restated Articles of Association. Deloitte Touche Tohmatsu was reappointed as auditor, and Mr. Xiangge Liu will continue as director. These changes reflect the Chinese AI-powered Credit-Tech platform’s commitment to strengthening governance and identity in the evolving fintech sector.

Endeavour Mining’s May 22, 2025 AGM saw strong shareholder engagement, with 72.79% of issued shares represented. All directors were re-elected with approval rates exceeding 94%, demonstrating investor trust. Key resolutions passed include the Directors’ Remuneration Policy (81.67%) and near-unanimous support for compensation reports (98.53%). Shareholders overwhelmingly authorized capital management actions, including share allotment and buybacks (99.98% approval), reflecting confidence in financial strategy. With 242.2 million shares issued and 103,147 in treasury, the company maintains disciplined capital flexibility. Analysts view the outcomes as reinforcing governance rigor amid gold market uncertainties, positioning Endeavour to advance strategic initiatives.