Dror Ortho-Design is asking holders of 976,997,116 common shares entitled to vote to approve a Reverse Stock Split proposal. Approval would leave the Board with discretion over whether and when to implement the split, while the company says it is not intended to materially change existing stockholder rights.

Key Highlights

  • Series A Preferred Stockholders hold 584,793,700 aggregate votes, subject to beneficial ownership limits.
  • Dror Ortho-Design’s charter authorizes 3,266,975,740 total shares of capital stock.
  • The virtual special meeting is scheduled for September 23, 2026, with the Board recommending approval of both proposals.

Dror Ortho-Design, Inc. (AMEX: DROR) is asking holders of 976,997,116 common shares entitled to vote at its 2026 special meeting to approve a reverse stock split proposal. Stockholders will also consider whether to authorize an adjournment if more proxy votes are needed for the reverse split measure.

Voting Base and Charter Authorization

The virtual special meeting will take place on September 23, 2026, and proxy materials began going to eligible stockholders on September 9, 2026. Series A Convertible Preferred Stockholders held 5,847,937 shares entitled to an aggregate 584,793,700 votes, subject to specified beneficial ownership limits. Dror Ortho-Design’s charter authorizes 3,266,975,740 shares of capital stock. That total consists of 3,254,475,740 authorized common shares and 12,500,000 authorized preferred shares, each with a Par Value of $0.0001 per share.

Board Retains Decision on Implementation

The Board unanimously recommends that stockholders vote for both the reverse stock split proposal and the adjournment proposal. Approval would give the Board sole authority to decide whether and when to amend the charter to carry out the reverse stock split. The Board says its later decision would consider the common stock’s per-share price immediately before any split and the expected stability of that price afterward. The proposal is not intended to constitute a going-private transaction or materially modify the rights of existing stockholders.