On2 Technologies Inc. (ONT) said that its stockholders voted to adjourn its special meeting of stockholders to provide additional time to solicit proxies on the merger proposal with Google Inc. (GOOG).
The special meeting will be reconvened on December 23 from the previous date of December 18.
As of December 18, a majority of On2's outstanding shares of common stock have been voted in favor of the merger proposal and the adjournment proposal. However, approval of the merger proposal requires the affirmative vote of a majority of the outstanding shares of On2's common stock, as opposed to just a majority of those shares voted.
Under the deal, On2 would merge with a wholly owned subsidiary of Google. The exchange ratio, or the fraction of a share of Google class A common stock to be issued for each share of On2 common stock in connection with Google's proposed acquisition of On2, will be 0.0010.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.