Jaguar Health shared details about a meeting where stockholders approved six proposals, including a reverse stock split.

JAGX · Jaguar Health, Inc.

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These approvals give Jaguar more ways to get money through share deals. But lower warrant prices, a lower minimum sale price, and a larger stock incentive plan can add shares and shrink current owners’ stakes. The company gains financing choices, but the risk of more shares weighs more. The reverse-split proposal passed one vote test but not the majority-of-outstanding test.