Know Labs, Inc. announced the cancellation of its Special Meeting of Stockholders, which was previously scheduled for March 7, 2025. The meeting was originally intended to seek shareholder approval for a reverse stock split.
The decision to cancel the meeting followed the company's announcement on February 18, 2025, of a 1-for-40 reverse stock split of its authorized and issued and outstanding shares of common stock. This reverse stock split became effective on February 19, 2025, and did not require stockholder approval.
The cancellation is a procedural consequence of the board's ability to implement the reverse split without a shareholder vote. The company's shares continue to trade on the OTC Pink Markets under the symbol KNWN.
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