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FibroBiologics (FBLG) investor relations material
FibroBiologics Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Special Meeting scheduled for February 20, 2026, to vote on five key proposals, including a reverse stock split and approval of stock issuances related to recent financing agreements.
The reverse stock split aims to help regain compliance with Nasdaq listing requirements and maintain market liquidity.
Proposals also seek approval for the issuance of shares upon exercise of warrants from November and December 2025 financings, and the ability to adjourn the meeting if necessary.
Board recommends voting in favor of all proposals, citing the company's cash position and need for continued access to capital.
Voting matters and shareholder proposals
Proposal 1: Approve a reverse stock split at a ratio between 1-for-5 and 1-for-30, at the Board's discretion.
Proposals 2-4: Approve issuance of up to 12,110,203, 4,477,614 (+313,433), and 5,227,275 (+365,909) shares of common stock upon exercise of warrants from November and December 2025 financings.
Proposal 5: Approve adjournment of the meeting to solicit additional votes if needed.
Board recommends voting FOR all proposals.
Board of directors and corporate governance
Pete O'Heeron, founder, CEO, and Chairperson, holds all Series C Preferred Stock, which carries super voting rights.
Series C Preferred Stock votes are subject to an irrevocable proxy in favor of the Board, except for changes to O'Heeron's rights.
Board will exercise 32,500,000 votes (32.8% of total) FOR each proposal.
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