Accuray Approves Shareholder Proposals, Authorizes Reverse Stock Split

Accuray stockholders approved three proposals at the company’s 2026 Special Meeting of Stockholders. These included measures for a planned preferred-stock financing, an increase in authorized common shares to 400 million, and the authorization of a reverse stock split. The reverse split is intended to help Accuray regain compliance with Nasdaq’s bid-price listing requirements.

The approved proposals allow Accuray to adjust its capital structure and increase its authorized share count to accommodate the conversion of Series A preferred stock. The reverse stock split is a specific action taken to meet the listing requirements of Nasdaq.