More than 97 per cent of shareholders have voted in favour of resolutions put forward to enable WANdisco to go ahead with a £30m equity fundraise later this month.
The votes took place at a general meeting called by the Sheffield-headquartered data business, which has been impacted by a multi-million pound fraud and suspended from trading on AIM since March.
Chair Ken Lever said: “The passing of these important resolutions is a critical milestone for funding the company and supporting the re-listing process, which I believe is important for the benefit of all our shareholders and stakeholders.
“I would like to thank our shareholders for their overwhelming support. This follows a fulsome consultation where I have personally met a large majority of our shareholder base and received strong support for the board’s plans.
“We will now move to the next stage of our capital raising plans which will include an investor roadshow later in June and will keep our shareholders informed as appropriate.”
WANdisco is under investigation after millions of pounds worth of false purchase orders were made by one of its senior sales employees.
Last month, the firm confirmed it would be slashing its global headcount by about 30 per cent.
