Sow Good Inc. increased its authorized common stock to 1 billion shares and amended its stock incentive plan following shareholder approval, effective March 25, 2026.
Key takeaways
The company amended its Certificate of Incorporation to increase authorized common stock to 1,000,000,000 shares.
Stockholders holding 50.7% of outstanding shares approved the amendment and other actions via written consent.
The 2024 Stock Incentive Plan was amended to increase authorized shares by 7,000,000.
The board was authorized to approve a reverse stock split in a range from 1-for-2 to 1-for-99.
The actions became effective on March 25, 2026, 20 days after mailing the definitive information statement.