Non-Invasive Monitoring Systems shareholders back expanded director, officer indemnification under Florida law
NIMU•Ratification plan to address past corporate actions
The board also adopted a ratification plan to validate past corporate actions tied to Series B Preferred Stock notice and voting issues. The company said Articles of Validation will be filed in Florida.
Effective date tied to information statement mailing
The measures will become effective no earlier than 20 days after the information statement is mailed, which is expected to occur on or about July 20, 2026.
Indemnification protections expanded under Florida law
The changes are intended to expand officer and director indemnification to the fullest extent permitted under Florida law, including expense advances and liability limits.
Shareholders approve charter amendments by written consent
Non-Invasive Monitoring Systems shareholders approved amendments to the company's Articles of Incorporation by written consent, with shareholder consents delivered on July 15, 2026 covering about 63.4% of the voting power.
