Eyenovia Announces Leading Proxy Advisory Firms, ISS and Glass Lewis, Recommend Eyenovia Stockholders Vote “FOR” Proposed Reverse Stock Split at Upcoming Special Meeting of Stockholders
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Eyenovia has announced that leading proxy advisory firms ISS and Glass Lewis recommend stockholders vote in favor of a proposed reverse stock split at the upcoming special meeting on January 21st.
January 15, 2025 | 12:15 pm
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Eyenovia's proposed reverse stock split has received recommendations from ISS and Glass Lewis for stockholders to vote in favor. This could potentially stabilize or increase the stock price by reducing the number of shares outstanding.
The recommendation from ISS and Glass Lewis, two influential proxy advisory firms, is likely to sway stockholder votes in favor of the reverse stock split. This action could lead to a higher stock price by reducing the number of shares outstanding, which often appeals to investors looking for a more favorable share structure.
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