Item 5.07. Submission of Matters to a Vote of Security Holders.
At the 2022 annual meeting of stockholders (the "Annual Meeting") of
For more information about these proposals, please refer to the Company's proxy
statement filed with the
Proposal 1: The Company's stockholders elected the following three directors to
serve as Class III directors until the Company's 2025 annual meeting of stockholders and until their successors are duly elected and qualified. The votes regarding the election of the directors were as follows: Broker Director Votes For Votes Withheld Non-Votes Class III Nominees
John B. Henneman III 7,467,577 1,475,776 4,549,748
Proposal 2: The Company's stockholders ratified the appointment of one recently
appointed Class I director and two recently appointed Class II directors for the remainder of their respective terms and until their successors are duly elected and qualified. The votes regarding the ratification, on an advisory basis, of the appointment of recently appointed directors were as follows: Broker Director Votes For Votes Against Abstentions Non-Votes Class I Director Marc Duey 8,214,308 367,751 361,294 X
Class II Directors
Proposal 3: The Company's stockholders approved the issuance, in accordance with
Nasdaq Listing Rule 5635(a), of the Company's common stock, upon conversion of the Company's Series A Non-Voting Convertible Preferred Stock issued on May 16, 2022. The votes regarding this proposal were as follows: Broker Votes For Votes Against Abstentions Non-Votes 7,834,449 999,916 108,988 X
Proposal 4: The Company's stockholders did not approve amendments to the
Company's certificate of incorporation, to effect a reverse stock split at a ratio of 1-for-3 and 1-for-20, inclusive, with the exact ratio to be set within that range at the discretion of the Company's Board of Directors before December 31, 2022. Approval of this proposal required the majority vote of all outstanding shares of common stock. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions 11,248,289 2,180,239 64,573
Proposal 5: The Company's stockholders approved an amendment to the Company's
2019 Equity Incentive Plan to increase the number of shares of the Company's common stock authorized for issuance by 2,000,000 shares. The votes regarding this proposal were as follows: Broker Votes For Votes Against Votes Abstaining Non-Votes 6,694,237 2,198,677 50,439 X
Proposal 6: The Company's stockholders ratified the appointment of
LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. The votes regarding this ratification were as follows: Votes For Votes Against Abstentions 12,748,782 537,487 206,832
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