Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been
provided an initial period of 180 calendar days, or until
If the Company does not regain compliance with the Minimum Bid Price Requirement
by
The Company intends to monitor the bid price of its common stock and consider
available options if its common stock does not trade at a level likely to result
in the Company regaining compliance with Nasdaq's minimum bid price rule by
Item 5.07 Submission of Matters to a Vote of Security Holders.
On
a.To elect the four Class I directors nominated by the Company's board of directors (the "Board") to serve on the Board for a three-year term ("Proposal 1");
b.To ratify the appointment of
c.To approve a non-binding advisory vote on the compensation of our named executive officers ("Proposal 3");
d.To approve a non-binding advisory vote on the frequency of future stockholder say-on-pay votes ("Proposal 4");
e.To approve an amendment to the Company's certificate of incorporation to increase the number of total authorized shares from 555,000,000 to 755,000,000 and the number of authorized shares of common stock from 550,000,000 to 750,000,000 ("Proposal 5"); and
f.To act upon such other matters as may properly come before the Annual Meeting or any adjournments or postponements thereof.
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The following Class I directors listed in Proposal 1 were elected to the Board based on the following votes:
For Withhold Broker Non-Vote Ana Dutra 165,780,465 24,596,176 81,132,977 Geoffrey Duyk 167,584,724 22,791,917 81,132,977 James McCann 157,011,318 33,365,323 81,132,977 Steven Mills 165,349,722 25,026,919 81,132,977
Proposal 2 was approved by the following vote:
For Against Abstain Broker Non-Vote 251,075,958 15,477,835 4,955,825 -
Proposal 3 was approved by the following vote:
For Against Abstain Broker Non-Vote 165,826,409 22,137,785 2,412,447 81,132,977
The "every one year" option in Proposal 4 was approved by the following vote:
One Year Two Years Three Years Abstain Broker Non-Vote 178,361,147 1,450,941 3,191,815 7,372,738 81,132,977
In accordance with the Board's recommendation and in light of such vote, the Company determined that the advisory vote to approve the compensation of the Company's named executive officers will be held every one year until the next required vote on the frequency of the advisory approval of the compensation of the Company's named executive officers.
Proposal 5 was approved by the following vote:
For Against Abstain Broker Non-Vote 224,199,363 44,951,062 2,359,193 -
No further business was brought before the Annual Meeting.
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