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Greenbrook TMS (GTMS) investor relations material

Greenbrook TMS EGM 2024 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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EGM 2024 summary8 Nov, 2024

Opening remarks and agenda

  • Meeting held virtually to enable broader shareholder participation.

  • Purpose was to consider and vote on a special resolution regarding a plan of arrangement with Neuronetics and debt conversion.

  • Attendees included executive leadership and the Board; meeting procedures and voting process explained.

Specific resolutions to be voted on

  • Resolution to approve Neuronetics acquiring all issued and outstanding Greenbrook shares.

  • Resolution to convert all outstanding debt owed to Madryn Asset Management into Greenbrook common shares.

  • Arrangement required a two-thirds majority and a simple majority excluding interested parties.

Corporate governance

  • Notice and proxy materials distributed in compliance with legal and regulatory requirements.

  • Quorum established with 76.2% of shares represented.

  • Voting and Q&A procedures adapted for the virtual format.

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Frequently asked questions

Greenbrook TMS Inc. is a healthcare services company specializing in transcranial magnetic stimulation (TMS) therapy for the treatment of mental health conditions such as major depressive disorder (MDD) and other mood disorders. The company operates a network of outpatient centers where it provides TMS therapy, a non-invasive treatment that uses magnetic fields to stimulate nerve cells in the brain. The company is headquartered in Toronto, Canada, and its shares are listed on the NASDAQ.

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