TAO Synergies stockholders approve 500,000-share equity plan increase at annual meeting
At its December 18, 2025 annual meeting, TAO Synergies stockholders approved raising the share reserve under the 2020 Equity Incentive Plan by 500,000 shares to 3,175,000 shares. They also approved issuing common stock underlying convertible preferred stock and warrants tied to an October 13, 2025 Securities Purchase Agreement, which matters because the issuance could add shares beyond current outstanding totals. Stockholders also elected Bruce T. Bernstein as a director and ratified Stephano Slack LLC as the independent auditor for 2025.
Key points
- Equity plan reserve increased by 500,000 shares to 3,175,000; vote was 994,315 for, 110,637 against, 22,626 abstentions.
- Convertible preferred and warrant share issuance approved under Nasdaq Rule 5635(d): 504,481 for, 78,798 against, 2,109 abstentions.
- Bruce T. Bernstein elected director to serve until the 2028 annual meeting, with 1,040,943 votes for and 74,437 against.
- Holders of 3,318,341 shares, about 43.18% of outstanding common stock, were present in person or by proxy, establishing a quorum.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.