Current Report · Items 5.07, 9.01 · 8-K
Waste Energy Corp.
WASTOTCEQUITYCurrent
Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. As previously disclosed in the definitive proxy statement filed by Waste Energy Corp. (the “Company”) with the Securities and Exchange Commission, the Company solicited the written consent of its stockholders to approve an amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of the Company’s…
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Current securities
Disclosure sections
Item 5.07Item 5.07 - Submission of Matters to Vote
Item
5.07. Submission of Matters to a Vote of Security Holders.
As
previously disclosed in the definitive proxy statement filed by Waste Energy Corp. (the “Company”) with the Securities and
Exchange Commission, the Company solicited the written consent of its stockholders to approve an amendment to the Company’s Articles
of Incorporation to increase the number of authorized shares of the Company’s common stock from 400,000,000 shares to 1,600,000,000
shares (the “Authorized Share Increase”).
The
record date established for determining stockholders entitled to provide written consent was September 18, 2026, at 5:00 p.m. As of the
record date, 329,375,544 shares of the Company’s common stock were issued and outstanding and entitled to vote.
The
Company has completed its tabulation of the written consents received with respect to the Authorized Share Increase. Holders of an aggregate
of 166,151,087 shares of common stock provided written consent in favor of the Authorized Share Increase, representing approximately
50.44% of the Company’s issued and outstanding common stock as of the record date. The Company received no votes against the proposal
and no abstentions.
Accordingly,
the Authorized Share Increase was approved by the Company’s stockholders.
The
Company intends to file a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State to increase the
number of authorized shares of common stock from 400,000,000 to 1,600,000,000. The Authorized Share Increase will become effective upon
the effectiveness of the Certificate of Amendment in accordance with Nevada law.
The
Authorized Share Increase does not, by itself, result in the issuance of any additional shares of common stock and does not alter the
number of shares of common stock currently issued and outstanding.