AZIO AI Seeks Approval for 85% Dilution, Reverse Split, and New Equity Plan
AZIO is trading near its 52-week low of $0.95 (5.3% above the low) on elevated volume (3.0× avg).
Summary
AZIO AI's definitive proxy seeks approval for an 85% dilutive preferred conversion, a 1-for-15 to 1-for-30 reverse split to regain Nasdaq compliance, and a new 14.5M-share equity plan.
Key Events · Corporate Governance and Compliance · AZIO
-
85% Dilution from Preferred Conversion
Proposal 4 seeks approval to convert 973,450 Series A Preferred shares into 97,345,000 common shares, increasing outstanding shares from 17,207,848 to 114,552,848 — an 85% dilution to existing holders.
-
Reverse Split to Avoid Delisting
Proposal 5 authorizes a 1-for-15 to 1-for-30 reverse split at Board discretion. The company needs a $4.00 minimum bid price for its Nasdaq initial listing application; the stock traded at $1.18 on September 10, 2026.
-
Nasdaq Compliance Deadline Looms
The company has until October 26, 2026 to regain Nasdaq's minimum stockholders' equity requirement. The proxy states that failure to approve the reverse split could result in delisting.
-
New 14.5M-Share Equity Plan
Proposal 6 seeks approval of the 2026 Equity Incentive Plan with 14,500,000 shares initially reserved, replacing the 2017 Plan. CFO Jason Maddox and COO Elgin Tracy are each eligible for 1.5M-share grants upon a change in control.
Analysis · AZIO · Manufacturing
The definitive proxy asks shareholders to approve converting Series A Preferred into 97.3M common shares — an 85% dilution to existing holders — plus a 1-for-15 to 1-for-30 reverse split to regain Nasdaq's $4.00 minimum bid price, and a new 14.5M-share equity plan. The company is under a Nasdaq deficiency notice with an October 26, 2026 compliance deadline, and the reverse split is explicitly tied to avoiding delisting. The conversion would hand Legacy Azio AI stockholders control of the combined company, while the reverse split is designed to keep the stock listed. These votes on November 2, 2026 will determine whether the company can complete its Nasdaq initial listing application and avoid delisting.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 36.7% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AZIO was trading at $1.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $17.6M. The 52-week trading range was $0.95 to $4.40. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.