NetworkNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Shares Voting Recommendations for Upcoming Special Meeting of Stockholders
Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, has announced voting recommendations for the Special Meeting of stockholders scheduled for November. According to the announcement, three independent proxy advisor firms that provide voting recommendations to institutional investors — Institutional Shareholder Services; Glass, Lewis & Co.; and Egan-Jones Proxy Services — have recommended that RIOT stockholders vote for proposal no. 1, which would increase the number of shares of Riot common stock authorized for issuance. The company’s board of directors has also made the same recommendation. The company noted that voting for the proposal doesn’t ensure…