Sanuwave holders back 500,000-share equity plan boost

SANUWAVE Health, Inc. reported the results of its 2025 annual stockholder meeting and an amendment to its equity incentive plan.

Rhea-AI Filing Summary

SANUWAVE Health, Inc. reported the results of its 2025 annual stockholder meeting and an amendment to its equity incentive plan. Stockholders approved an amendment to the 2024 Equity Incentive Plan to increase the total number of shares of common stock authorized for issuance under the plan by 500,000 shares, following prior approval by the Board on June 6, 2025.

All five director nominees—Morgan Frank, Gregory Bazar, Jeffrey Blizard, Ian Miller and James Tyler—were elected to serve until the 2026 annual meeting. Stockholders also ratified the appointment of Baker Tilly US, LLP as independent registered public accounting firm for the year ending December 31, 2025, approved executive compensation in an advisory vote, and indicated a preference for holding future say-on-pay votes every one year.

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, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SANUWAVE Health (SNWV) stockholders approve at the 2025 annual meeting?

Stockholders of SANUWAVE Health, Inc. approved all proposals, including electing five directors, ratifying Baker Tilly US, LLP as auditor, amending the 2024 Equity Incentive Plan, and giving advisory approval to executive compensation and an annual frequency for future say-on-pay votes.

How many additional shares were authorized under SANUWAVE Health's 2024 Equity Incentive Plan?

Stockholders approved an amendment to the 2024 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance under the plan by 500,000 shares.

Which directors were elected at SANUWAVE Health's 2025 annual meeting?

The elected directors were Morgan Frank, Gregory Bazar, Jeffrey Blizard, Ian Miller and James Tyler, each to serve until the 2026 annual meeting of stockholders.

Who is SANUWAVE Health's independent registered public accounting firm for 2025?

Stockholders ratified the appointment of Baker Tilly US, LLP as SANUWAVE Health, Inc.'s independent registered public accounting firm for the fiscal year ending December 31, 2025.

What did SANUWAVE Health stockholders decide about the frequency of say-on-pay votes?

In an advisory, non-binding vote, stockholders indicated a preference for holding future votes on compensation paid to named executive officers every one year.

Where can investors find the full text of SANUWAVE Health's amended 2024 Equity Incentive Plan?

The full text of the 2024 Equity Incentive Plan, as amended August 19, 2025, is filed as Exhibit 10.1 to the report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/20/2025 - 04:49 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 19, 2025

SANUWAVE Health, Inc.

(Exact name of registrant as specified in its charter)

Nevada			001-42552			20-1176000
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

9600 W. 76th Street, Suite 118,			Eden Prairie,			Minnesota			55344
(Address of principal executive offices)									(Zip Code)

Registrant’s telephone number, including area code (952) 656-1029

11495 Valley View Road, Eden Prairie, Minnesota 55344

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, par value $0.001 per share			SNWV			The Nasdaq Stock Market LLC

Indicate by check mark whether the registration is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

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Item 5.02              Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As disclosed under Item 5.07 of this Current Report on Form 8-K, on August 19, 2025, the stockholders of Sanuwave Health, Inc. (the “Company”) approved a proposal to amend the SANUWAVE Health, Inc. 2024 Equity Incentive Plan (the “Plan”) to increase the total number of shares of common stock authorized for issuance under the Plan by 500,000 shares (the “Amendment”). The Amendment was previously approved and adopted by the Company’s Board of Directors on June 6, 2025, subject to approval by the Company’s stockholders.

The Amendment is described in greater detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on July 10, 2025 (the “Proxy Statement”). The description of the Amendment contained in the Proxy Statement and the foregoing description of the Amendment are qualified in their entirety by reference to the full text of the Plan, as amended, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 5.07              Submission of Matters to a Vote of Security Holders.

On August 19, 2025, the Company held its 2025 annual meeting of stockholders. The following matters (the “Proposals”) were voted upon by the stockholders with the final voting results as shown:

Proposal 1. To elect five directors, Morgan Frank, Gregory Bazar, Jeffrey Blizard, Ian Miller and James Tyler, to serve until the 2026 annual meeting of stockholders.

Name						Votes For						Withheld						Broker Non-Votes
Morgan Frank						5,160,671						9,229						850,909
Gregory Bazar						5,168,313						1,587						850,909
Jeffrey Blizard						5,050,443						119,457						850,909
Ian Miller						4,703,248						466,652						850,909
James Tyler						4,936,933						232,967						850,909

Proposal 2. To ratify the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

Votes For

Votes Against

Abstain

Broker Non-Votes

6,017,993

1,473

1,343

–

Proposal 3. To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by 500,000 shares.

Votes For						Votes Against						Abstain						Broker Non-Votes
4,948,127						202,867						18,906						850,909

Proposal 4. To approve, in an advisory, non-binding vote, the compensation paid to the Company’s named executive officers.

Votes For						Votes Against						Abstain						Broker Non-Votes
5,136,449						30,601						2,850						850,909

Proposal 5. To approve, in an advisory, non-binding vote, the frequency of future votes on the compensation paid to the Company’s named executive officers.

1 Year						2 Years						3 Years						Abstain						Broker Non-Votes
5,157,469						1,987						5,121						5,323						850,909

The Proposals, which are described in more detail in the Proxy Statement, received the affirmative requisite vote of the stockholders of the Company.

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Item 9.01              Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.						Description
10.1						SANUWAVE Health, Inc. 2024 Equity Incentive Plan, as amended August 19, 2025.
104						Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			SANUWAVE HEALTH, INC.
Dated: August 20, 2025			By:			/s/ Morgan C. Frank
			Name:			Morgan C. Frank
			Title:			Chief Executive Officer

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