SAIheat holds online shareholder meeting, quorum present
SAIH•Shareholders approve merger-related resolutions
Shareholders met on Aug. 26, 2026, voting through a slate of merger-related resolutions.
An amendment to authorized share capital was adopted, reclassifying 145,601 authorized but unissued Class B shares into Class A shares, effective at the Effective Time.
A conditional name change to Canopy Wave Holdings Inc. was authorized, to take effect at the Effective Time.
Directors were authorized to execute the merger agreement and related transaction agreements, subject to the deal’s terms and conditions.
Other measures cleared included adopting amended and restated governing documents, setting the board size at five, approving share issuance tied to the merger and PIPE, and permitting adjournment if needed.
