Summary by Moomoo AI
On May 29, 2024, Clene Inc. held its 2024 Annual Meeting of Stockholders where several key decisions were made. The stockholders approved an amendment to the Clene Inc. Amended 2020 Stock Plan, increasing the number of shares reserved for issuance by 30 million. Additionally, an amendment to the company's Certificate of Incorporation was passed to double the number of authorized shares of common stock from 300 million to 600 million. The board of directors had previously approved these amendments, subject to stockholder approval, which was granted during the meeting. The company also filed the approved amendments with the Delaware Secretary of State on May 30, 2024. Other matters voted on included the election of directors, ratification of the company's independent auditor, approval of executive compensation, and the preferred frequency of stockholder votes on executive pay. The stockholders also approved a potential reverse stock split at a ratio to be determined by the board within a specified range.