CFN Enterprises Inc. Files 8-K on Security Holder Votes

TL;DR

CFN Enterprises Inc. (CNFN) filed an 8-K for a security holder vote on July 5th. Details TBD.

AI Summary

CFN Enterprises Inc. filed an 8-K on July 5, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain details about the specific proposals voted upon or the outcomes.

Why It Matters

This filing indicates that CFN Enterprises Inc. held a vote of its security holders, which could pertain to significant corporate actions or governance changes.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial or operational risks.

Key Players & Entities

• CFN Enterprises Inc. (company) — Registrant
• July 5, 2024 (date) — Filing Date
• 000-52635 (other) — Commission File Number

FAQ

Key Financial Figures

• $0.001 — f the Company's common stock, par value $0.001 per share (the "Common Stock"), in the

Filing Documents

• cnfn-20240705.htm (8-K) — 18KB
• 0001096906-24-001492.txt ( ) — 121KB
• cnfn-20240705_def.xml (EX-101.DEF) — 2KB
• cnfn-20240705_lab.xml (EX-101.LAB) — 13KB
• cnfn-20240705_pre.xml (EX-101.PRE) — 8KB
• cnfn-20240705.xsd (EX-101.SCH) — 2KB
• cnfn-20240705_htm.xml (XML) — 2KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On June 17, 2024, CFN Enterprises Inc. (the "Company") commenced a written consent solicitation from its stockholders to approve an amendment to the Company's Certificate of Incorporation, as amended, to effect a reverse split of the Company's common stock, par value $0.001 per share (the "Common Stock"), in the range from 1-for-2 to 1-for-50, with the exact ratio to be determined in the sole discretion of the Company's Board of Directors (the "Board") no later than one year after approval (the "Amendment"), and the first consent was mailed on June 21, 2024. As of July 5, 2024, the Company's stockholders had approved the Amendment and the Company ended the written consent solicitation. The Amendment required the written consent of the majority of the Company's issued and outstanding shares of Common Stock. At the record date for the written consent solicitation the Company had 82,210,664 shares of Common Stock issued and outstanding. The votes as of July 5, 2024 were as follows, with holders of 60.98% of the Company's issued and outstanding shares of Common Stock approving the Amendment: For Against Abstain Broker Non-Votes 50,128,962 - - - If the Board determines to implement the Amendment, the Company will communicate to the public, prior to the effective time of the Amendment, additional details regarding the Amendment (including the final reverse split ratio, as determined by the Board). The Board reserves the right to elect not to proceed with implementing the Amendment if it determines, in its sole discretion, that the Amendment is no longer in the best interests of the Company or its stockholders.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CFN ENTERPRISES INC. By: /s/ Brian Ross Name: Brian Ross Title: President and Chief Executive Officer Date: July 5, 2024

View Full Filing

View this 8-K filing on SEC EDGAR