CHF Solutions, Inc (CHFS)

[CrazyC]

8-K just filed - insufficient votes to pass the proposed R/S...

https://www.sec.gov/Archives/edgar/data/1506492/000114036120014338/form8k.htm

A total of 22,473,514 shares of the Company’s common stock were present at the Adjourned Annual Meeting in person or by proxy, which represents approximately 68.94% of the shares of common stock outstanding as of the record date for the Annual Meeting. There were insufficient votes to pass Proposal 3 at the Adjourned Annual Meeting. The Company did not adjourn the meeting a second time and will not seek additional votes for Proposal 3.

(b) The results of the voting are shown below.

Proposal 3— To approve an amendment to our Fourth Amended and Restated Certificate of Incorporation, as amended, to effect a reverse split of our outstanding common stock at a ratio in the range of 1-for-5 to 1-for-30, to be determined at the discretion of our Board of Directors, whereby each outstanding 5 to 30 shares would be combined, converted and changed into 1 share of our common stock, without reducing the number of authorized shares of our common stock.