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Get filing alertsOndas shareholders approve 50% increase in authorized shares to 1.2B, expand equity plan by 20M
Filed May 28, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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high
Authorized common stock increased from 800M to 1.2B shares (50% expansion), providing capacity for future equity raises, acquisitions, or compensation but creating potential dilution risk for existing shareholders.
Item 5.07: Proposal 4 verify on EDGAR → -
medium
2021 Stock Incentive Plan expanded by 20M shares to 81M total authorized, enabling additional stock-based compensation for employees, directors, and officers.
Item 5.07: Proposal 5 verify on EDGAR → -
low
Four directors elected to board: Eric Brock, Richard Cohen, Randall Seidl, and Jaspreet Sood, all receiving majority support with Cohen drawing higher withhold votes.
Item 5.07: Proposal 1 verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · May 28, 2026 · How we verify