Recent Updates — FABC
At its June 18, 2026 annual meeting, Fabric.AI, Inc. stockholders approved an amendment to the Long-Term Incentive Plan, increasing the total shares of common stock available for awards by 4,600,000 to a total of 5,000,000 shares. Stockholders also approved the issuance of common stock underlying Series K and Series J convertible preferred stock and various warrants (Investor, Placement Agent, Consulting, and Waiver Warrants) in an amount potentially exceeding 20% of outstanding common stock to comply with Nasdaq Listing Rule 5635(d). Other approved items included the election of five directors, the ratification of Stephano Slack LLC as independent auditor, and a determination to hold advisory executive compensation votes every three years. The company operates in the AI sector, providing artificial intelligence software and services.