Myseum.AI (NASDAQ: MYSE) wins equity plan expansion and reverse split OK
Rhea-AI Filing Summary
Myseum.AI, Inc. held its 2026 annual meeting of shareholders on August 6, 2026. A quorum of 2,444,623 shares was represented out of 5,196,430 shares outstanding on June 12, 2026. Shareholders elected five directors and ratified Salberg & Company, P.A. as independent registered public accounting firm for 2026.
Shareholders approved an amendment to the 2021 Omnibus Equity Incentive Plan, increasing shares of common stock reserved for issuance from 1,000,000 to 2,000,000 (votes: 684,374 for, 218,458 against, 9,079 abstaining, with 1,532,712 broker non-votes). They also authorized the board, at its discretion, to implement a reverse stock split between 1-for-2 and 1-for-25 before August 6, 2027, without reducing authorized shares.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Record date shares outstanding: 5,196,430 shares
Shares represented (quorum): 2,444,623 shares
Equity plan reserve before amendment: 1,000,000 shares
+4 more
7 metrics
Record date shares outstanding
5,196,430 shares
Common stock issued and outstanding on June 12, 2026, entitled to vote
Shares represented (quorum)
2,444,623 shares
Shares of common stock represented in person or by proxy at the 2026 annual meeting
Equity plan reserve before amendment
1,000,000 shares
Common shares previously reserved under the 2021 Omnibus Equity Incentive Plan
Equity plan reserve after amendment
2,000,000 shares
Common shares reserved for issuance under the amended 2021 Omnibus Equity Incentive Plan
Plan amendment votes for
684,374 shares
Shares voted in favor of increasing the 2021 Plan share reserve
Reverse split ratio range
1-for-2 to 1-for-25
Board-authorized range for a potential reverse stock split approved by shareholders
Series A warrant exercise price
$49.80 per share
Each Series A Warrant exercisable for one share of common stock at this price
Key Terms
Amended and Restated 2021 Omnibus Equity Incentive Plan, reverse split, broker non-votes, independent registered public accounting firm
4 terms
Amended and Restated 2021 Omnibus Equity Incentive Plan financial
"shareholders approved an amendment to the Myseum.AI, Inc. Amended and Restated 2021 Omnibus Equity Incentive Plan"
reverse split financial
"authority, at its discretion, to effect a reverse split of the Company’s outstanding common stock"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
broker non-votes financial
"The result of the votes to approve the Plan Amendment was as follows ... Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratification of the appointment of Salberg & Company, P.A. as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What change was made to Myseum.AI’s (MYSE) 2021 Omnibus Equity Incentive Plan?
Shareholders approved an amendment to increase the plan’s share reserve from 1,000,000 to 2,000,000 common shares. The vote on the plan amendment was 684,374 for, 218,458 against, 9,079 abstentions, and 1,532,712 broker non-votes recorded on the proposal.
Who was elected to the Myseum.AI (MYSE) board at the 2026 annual meeting?
Shareholders elected Darin Myman, Peter Shelus, Carly Luogameno, Joseph Nelson, and Wayne Linsley as directors. Each is to serve until the next annual meeting of shareholders, or until a successor is duly elected and qualified, or earlier resignation, removal, or death.