Actelis Networks, Inc. 2026 Special Meeting of Stockholders

On April 13, 2026, Actelis Networks, Inc. held its 2026 Special Meeting of Stockholders. A quorum was established with 3,131,194 shares of common stock represented, approximately 35.75% of outstanding shares. Four proposals were submitted for a vote. Proposal 1, to authorize the issuance of common stock per the ELOC Purchase Agreement, received 798,074 votes for, 285,504 against, and 2,964 abstentions, with 2,044,652 broker non-votes. Proposal 2, to approve a reverse stock split of 1-for-10 to 1-for-25, received 2,641,144 votes for, 483,887 against, and 6,163 abstentions, with 0 broker non-votes. Proposal 3, to adjourn the meeting, was withdrawn as Proposals 1 and 2 were approved. The meeting confirmed the company is an emerging growth company and elected not to use the extended transition period for new or revised financial accounting standards.