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Turbo Energy (TURB) investors approve capital and convertible issuance powers

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Turbo Energy, S.A. reported the results of its 2026 Extraordinary General Meeting of Shareholders held in Valencia, Spain on April 27, 2026. Shareholders representing 42,238,795 shares, or 76.68% of the 55,085,700 Ordinary Shares outstanding as of April 6, 2026, were present or represented, reaching quorum.

Shareholders strongly supported renewing the Board’s delegation to increase share capital and to issue convertible and/or exchangeable securities, with over 42 million votes cast in favor of each proposal. They also backed granting powers to formalize and register the meeting’s resolutions and approved the minutes of the meeting. Two items were presented for information or discussion only and did not require a vote.

Positive

  • None.

Negative

  • None.
Shares outstanding 55,085,700 Ordinary Shares Issued and outstanding as of April 6, 2026
Shares represented 42,238,795 shares Voted at the 2026 Extraordinary General Meeting
Quorum percentage 76.68% Participation at the 2026 Extraordinary General Meeting
Votes for Proposal 1 42,070,795 for / 166,570 against Renewal of delegation to increase share capital
Votes for Proposal 2 42,140,505 for / 98,025 against Renewal of delegation to issue convertible or exchangeable securities
Votes for Proposal 4 42,090,785 for / 146,595 against Granting powers for execution and registration of resolutions
Votes for Proposal 6 42,191,910 for / 38,295 against Approval of the minutes of the Extraordinary General Meeting
Extraordinary General Meeting of Shareholders regulatory
"results of the Company’s 2026 Extraordinary General Meeting of Shareholders"
A meeting called by a company outside its regular annual meeting to address urgent or special matters that cannot wait until the next scheduled meeting. Investors attend or vote to decide on actions such as major deals, leadership changes, capital-raising, or rule changes; think of it as an emergency board meeting where shareholders have a direct say and the outcomes can quickly change a company’s strategy, ownership stakes, or financial prospects.
quorum regulatory
"76.68%, or 42,238,795 shares, were voted and a quorum was achieved"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
delegation to the Board of Directors regulatory
"renewal of the delegation to the Board of Directors (“Board”) to carry out capital increases"
convertible debentures financial
"authority to issue bonds or convertible debentures and/or exchange for shares of the Company"
Convertible debentures are loans a company issues that pay interest like a bond but can be swapped later for the company’s shares at a set price. For investors they act like a safety-net plus a shortcut: you get regular interest payments while retaining the option to join ownership if the share price rises, which offers upside potential but can dilute existing shareholders if conversion occurs.
Mercantile Registry regulatory
"registration in the Mercantile Registry of the resolutions adopted at this Extraordinary General Meeting"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of, April 2026

 

Commission File Number: 001-41813

 

TURBO ENERGY, S.A.

(Name of Registrant)

 

Plaza de América 2, 4AB

Valencia, Spain 46004

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒  Form 40-F ☐

 

 

 

 

 

RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

 

Turbo Energy, S.A. (“Turbo Energy” or the “Company”) is filing this Report on Form 6-K to report the results of the Company’s 2026 Extraordinary General Meeting of Shareholders (the “Meeting”), held at its registered offices, Plaza América 2, 4AB, 46004, Valencia, Spain at 5:00 P.M. (Central European Time) on Monday, April 27, 2026 (11:00 A.M., Eastern Daylight Time).

 

As of the record date, April 6, 2026 (Eastern Daylight Time), the Company had 55,085,700 Ordinary Shares issued and outstanding. 76.68%, or 42,238,795 shares, were voted and a quorum was achieved.

 

The shareholders voted on six proposals at the Meeting. The final results for the votes regarding each proposal are set forth below:

 

Proposal #1: Renewal of Delegation to Increase Share Capital: to examine and, if applicable, approve the renewal of the delegation to the Board of Directors (“Board”) to carry out capital increases granted by the Ordinary General Meeting held on June 24, 2025 under the provisions of Article 297.1(b) of the Capital Companies Act.

 

FOR  AGAINST  ABSTAIN
42,070,795  166,570  1,430

 

Proposal #2: Renewal of Delegation to Issue Convertible and/or Exchangeable Securities: to examine and, if applicable, approve the renewal of the delegation to the Board the authority to issue bonds or convertible debentures and/or exchange for shares of the Company, as well as other instruments of a similar nature, granted by the Ordinary General Meeting held on June 24, 2025 under the provisions of Article 319 of the Regulations of the Commercial Registry and Article 511 of the Consolidated Text of the Capital Companies Act.

 

FOR  AGAINST  ABSTAIN
42,140,505  98,025  265

 

Proposal #3: Report on the Use of Prior Delegation (Informational Item): to consider the special report issued by the Board regarding the use of the delegation conferred by the Ordinary General Meeting held on June 24, 2025 in favor of the Board, of the power to increase the share capital under the provisions of Article 297.1(b) of the Capital Companies Act.

 

This item was submitted to the shareholders for informational purposes only and does not require a vote.

 

Proposal #4: Granting of Powers for the Execution and Protocolization of Resolutions: to grant powers for the execution and protocolization of agreements and proceedings to the execution of any public documents necessary for the due formalization and registration in the Mercantile Registry of the resolutions adopted at this Extraordinary General Meeting, including correction or rectification, if necessary.

 

FOR  AGAINST  ABSTAIN
42,090,785  146,595  1,415

 

Proposal #5: To address requests and questions, if applicable.

 

This item was submitted to the shareholders for discussion purposes only and does not require a vote.

 

Proposal #6: 6. To read and approve, where appropriate, the minutes of the Extraordinary General Meeting.

 

FOR  AGAINST  ABSTAIN
42,191,910  38,295  8,590

 

1

 

SIGNATURE

 

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, thereunto duly authorized.

 

  TURBO ENERGY, S.A.
     
Date: April 29, 2026 By: /s/ Mariano Soria
    Mariano Soria
    Chief Executive Officer

 

2

 

FAQ

What did Turbo Energy (TURB) shareholders vote on at the 2026 Extraordinary General Meeting?

Shareholders voted on renewing the Board’s authority to increase share capital, issue convertible and exchangeable securities, granting powers to formalize resolutions, and approving the meeting minutes, while two additional items were presented for information or discussion without requiring a vote.

How many Turbo Energy (TURB) shares were eligible and represented at the 2026 meeting?

Turbo Energy had 55,085,700 Ordinary Shares issued and outstanding as of April 6, 2026. At the Extraordinary General Meeting, 42,238,795 shares were voted, representing 76.68% participation, which was sufficient to achieve quorum for adopting shareholder resolutions.

How did Turbo Energy (TURB) shareholders vote on renewing capital increase delegation?

On Proposal 1 to renew the delegation to the Board to carry out capital increases, shareholders cast 42,070,795 votes for, 166,570 against, and 1,430 abstentions, indicating very strong support for maintaining the Board’s capital increase authority under applicable Spanish company law.

What was the outcome of Turbo Energy (TURB) proposal on issuing convertible or exchangeable securities?

For Proposal 2, renewing the Board’s authority to issue convertible and/or exchangeable securities, shareholders voted 42,140,505 for, 98,025 against, with 265 abstentions. This shows broad backing for allowing the Board to use such instruments in line with prior delegations.

Which Turbo Energy (TURB) agenda items did not require a shareholder vote?

Proposal 3, a special report on the Board’s prior use of its capital increase delegation, and Proposal 5, to address requests and questions, were presented for informational or discussion purposes only, so no shareholder votes were required or recorded on these items.

How did Turbo Energy (TURB) shareholders vote on approving the meeting minutes?

For Proposal 6, to read and approve the minutes of the Extraordinary General Meeting, shareholders cast 42,191,910 votes for, 38,295 against, and 8,590 abstentions. This outcome reflects broad shareholder agreement with the formal record of the meeting’s proceedings.