Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On December 30, 2020, SANUWAVE Health, Inc. (the "Company") held a special meeting of stockholders (the "Special Meeting"). At the Special Meeting, the Company's stockholders approved an amendment to the Company's Articles of Incorporation, as amended, to increase the number of authorized shares of its common stock, par value $0.001 per share (the "Common Stock") to 800,000,000, and the Company filed a Certificate of Amendment to its Articles of Incorporation, as amended (the "Charter Amendment") with the Secretary of State of the State of Nevada on December 30, 2020 to reflect this amendment, which became effective on December 30, 2020.

The foregoing description of the Charter Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Charter Amendment, which is filed hereto as Exhibit 3.1, and is incorporated herein by reference.

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the Special Meeting, the following proposals were voted on by the Company's stockholders, as set forth below:

Proposal 1. An Amendment to the Company's Articles of Incorporation to Increase the Number of Authorized Shares of the Company's Common Stock by 200 Million Shares to 800 Million Shares.

Votes For Votes Against Abstain




 342,573,254   5,016,685     395,922

The amendment to the Company's Articles of Incorporation to increase the number of authorized shares of the Company's Common Stock by 200 million shares to 800 million shares was approved.

Proposal 2. Authorize the Board of Directors to Amend the Company's Articles of Incorporation to Effect a Reverse Stock Split of the Company's Outstanding Common Stock at a Ratio of 1-for-50.

Votes For Votes Against Abstain




 343,790,720   2,899,765     1,295,376

The authorization of the board of directors of the Company to amend the Company's Articles of Incorporation to effect a reverse split of the Company's outstanding Common Stock at a ratio of 1-for-50, was approved.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibit

Exhibit Number Description


  3.1            Certificate of Amendment to the Articles of Incorporation.

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