Welcome to the special meeting for Lunai Bioworks Inc. Our host for today's call is David Weinstein, Chief Executive Officer. I will now turn the call over to your host. Mr. Weinstein, you may begin.
Thank you. Good morning, everyone. I'm David Weinstein, Chief Executive Officer of Lunai Bioworks, I will serve as the Chair of today's special meeting of shareholders. On behalf of the board of directors and management, I want to welcome you and thank you for joining us. Corporate secretary, do we have a quorum?
We do.
Thank you. The corporate secretary has informed me the quorum is present, and we may proceed with the business of the meeting. Proof of notice. The corporate secretary has filed the minutes of this meeting, the affidavit of mailing of notice of special meeting and proxy statement, which was first made available to shareholders on April 13th, 2026. The purpose of the meeting is set forth in the special notice of meeting. There are two proposals before our shareholders today.
First, to approve the amendment of the company's certificate of incorporation as amended to effect that the option of the company's board of directors reverse splits of the company's common stock, par value $0.001 per share at a ratio of 1: 3 to 1: 30 inclusive, with the exact ratio to be determined by the board at its sole discretion and publicly announced prior to the effective date of the reverse stock split. Second, to approve the adjournment of the special meeting if necessary or appropriate, including to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve Proposal 1. The voting procedure, if you have already voted by proxy, your shares will be voted as instructed.
If you have not yet voted and wish to change your vote, please do so now by submitting the ballot to the inspection of elections, raising your hand for a ballot. The polls are open. Presentation of proposals. Proposal 1, reverse stock split proposal. The board of directors recommends the shareholders vote for Proposal 1. Details of the proposal are contained in the proxy statement previously made available to you. Proposal 2, the directors recommend the shareholders vote for Proposal 2. This would allow the company to adjourn the meeting if additional time is needed to solicit votes. The polls are now open for voting on the proposals. If you have not already done so, please cast your vote at this time. The polls are now closed. The notice of meeting stated the purpose for which the meeting was called.
As no other business may properly come before the meeting, we will now proceed to adjourn. This concludes our special meeting of shareholders. On behalf of the board of directors and management, I thank you for your continued support of Lunai Bioworks. The meeting is now adjourned.
This now concludes the meeting. Thank you for joining and have a pleasant day.