Dec. 5 at 2:41 PM
$AMZE guys, hate to break it to you but this special meeting on 10th december is to raise cash..
Using chatgpt...
The main item on the agenda is a request to approve the issuance of common stock — specifically, the issuance of shares that would result from converting certain senior secured convertible notes, even though doing so would exceed the usual 19.9% “exchange cap” limit under the company’s rules.
Amaze Holdings, Inc.
So concretely: this is about raising equity (via conversion of debt) — the company wants stockholders’ approval to dilute existing shares beyond a previously defined cap, presumably so the company can satisfy debt obligations or raise cash via convertible notes.
