Vyome (HIND) Proxy Filing summary

Executive summary

• Special meeting will be held virtually for shareholders to vote on three key proposals, with record date set as February 18, 2025.

• Proposals include a reverse stock split, approval of warrant exercisability, and approval of equity line of credit (ELOC) share issuance.

• Board recommends voting FOR all proposals and outlines procedures for proxy voting and meeting participation.

Voting matters and shareholder proposals

• Proposal 1: Authorize a reverse stock split at a ratio between 1-for-2 and 1-for-250, to be determined by the Board within one year.

• Proposal 2: Approve exercisability of up to 2,703,862 warrants (potentially 15,132,975 shares) issued in a February 2025 offering, subject to Nasdaq rules.

• Proposal 3: Approve issuance of up to 15,000,000 shares under a $5,000,000 ELOC agreement over 36 months, subject to Nasdaq rules.

• Only shareholders of record as of February 18, 2025 may vote, with certain restrictions for investors involved in the warrant and ELOC agreements.

• Board recommends voting FOR all proposals; abstentions count as votes against Proposals 2 and 3.

Board of directors and corporate governance

• Board retains discretion to implement or abandon the reverse stock split within one year of approval.

• Board may select the split ratio based on market conditions and other relevant factors.

• Board can issue preferred stock with rights senior to common stock without further shareholder vote.

• Shareholders can communicate with the Board via mail addressed to the company secretary.