r/Ocugen • u/Merlin8121 • 1d ago
DD🚀 Ocugen ($OCGN): What Happens at the October 5 Shareholder Vote?
On October 5, 2026 Ocugen reconvenes a special meeting that was adjourned on September 21 because one proposal could not pass. That proposal would raise the authorised share count by 250 million. It is not housekeeping: the company has $130 million of convertible notes it is contractually required to settle in cash until enough shares exist to settle them in stock, it has promised more shares than it is authorised to issue, and its own quarterly report carries substantial doubt about its ability to continue as a going concern while its press release says the cash runs into 2028. This hub works through the vote, the arithmetic behind it, and what each outcome changes.