Accuray announces special shareholder meeting

Reuters2026/08/12 21:17

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Accuray will hold a virtual special stockholder meeting on Oct. 6, 2026.
Vote on a financing tied to selling 55,000 shares of Series A Convertible Preferred Stock for USD 55 million.
Approval sought for issuing common shares on conversion of the preferred stock, alongside warrants for about 15,300,000 shares at USD 0.01.
Stockholders will also vote to raise authorized common shares to 400,000,000 from 200,000,000.
Proposal includes a reverse stock split between 1-for-15 and 1-for-40, with authority to adjourn if more votes are needed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Accuray Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-032542), on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Accuray announces special shareholder meeting

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