Nowigence Inc. executed a shareholder-led board overhaul effective April 3, 2026. Holders of more than 64% of the voting power delivered a written consent under NYBCL §615 removing six directors and replacing them with three independent directors. The Board appointed Srivatsava Sunkara as interim Chief Executive Officer and confirmed two executive directors. The company states the offering circular qualified on November 19, 2025 (file no. 024-10957) and affirms ongoing Regulation A reporting compliance.
Nowigence Inc. reported results of its recent shareholder meeting, where investors approved charter amendments to enable a reverse stock split and related written consent changes. One proposal received 98.67% of votes cast in favor, while another received 97.41% support, indicating strong backing.
The reverse stock split will become effective after the company files a Certificate of Amendment with the New York Secretary of State, and once FINRA completes its review and announces the action on its OTC Daily List. Shareholders also elected eight directors, including President and CEO Anoop Bhatia as Chairman of the Board, to serve until the 2027 annual meeting.
Nowigence Inc. is updating investors on a major reorganization that changes both its leadership and voting control. The company reports that it voluntarily delisted from the OTCQB market on May 17, 2024, and is installing a largely new board of directors effective September 16, 2025. Founder Anoop Bhatia continues as Chairman, President and CEO, while new executives include Srivatsava Sunkara as Executive Director and Chief Operating Officer, Michael Pollack as Interim Chief Financial Officer, and Kiran Inampudi as Executive Director and Chief Technology Officer. Several new independent directors, including Michael Connolly, Greg Walsh, Vikram Kurella, Tinsley Galyean, and Scott Rajeski, have also joined. As part of the reorganization, Bhatia has transferred his controlling Class B super-voting shares to Sunkara and Inampudi, who now hold the controlling stakes in the company.