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PolarityTE (PTE)

Employees
Data from SEC filings
Employee count
Shareholder alignment
Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM

PolarityTE, Inc. (the “Company”) held a Special Meeting of Stockholders on May 12, 2022. At the Special Meeting, the stockholders voted on the following four proposals:

1.Approve an amendment to our Restated Certificate of Incorporation to effectuate a reverse stock split of our outstanding shares of common stock by a ratio of any whole number between 1-for-10 and 1-for-25, the implementation and timing of which shall be subject to the discretion of our Board of Directors;
2.The election of two Class II directors nominated by the Board of Directors for a three-year term ending at the annual meeting of stockholders in 2025;
3.Approval, by a non-binding advisory vote, of the compensation of the Company’s named executive officers; and
4.The ratification of the appointment of EisnerAmper LLP as the Company’s independent public accountant for the fiscal year ending December 31, 2022.

At the meeting, the stockholders elected the nominees and approved the remaining proposals by the following vote:

Proposal No. 1 The Reverse Stock Split Proposal. The total number of votes that could be cast on Proposal No. 1 was 6,091,543,184, and a majority of that number of votes is required for approval.

Votes For Votes Against Abstain/ Withheld Broker Non-Votes
5,454,574,811 569,012,551 33,858,524 -0-

Proposal No. 2 Election of Class II Directors. 82,941,313 common shares are entitled to vote on Proposal No. 2, and each director is elected by a plurality of the votes cast at the Special Meeting of Stockholders.

Votes For Votes Withheld Broker Non-Votes
Willie C. Bogan 19,222,786 7,228,485 22,392,744
Chris Nolet 20,789,646 5,661,625 22,392,744

Proposal No. 3 Advisory Vote on the Compensation of the Company’s Named Executive Officers. 82,941,313 common shares are entitled to vote on Proposal No. 3, and it is approved if the number of votes cast in favor of the proposal exceeds the votes cast against the proposal.

Votes For Votes Against Abstain Broker Non-Votes
16,975,277 8,611,464 864,530 22,392,744

Proposal No. 4 Ratify the Appointment of EisnerAmper LLP as the Company’s Independent Public Accountant. 82,941,313 common shares are entitled to vote on Proposal No. 4, and it is approved if the number of votes cast in favor of the proposal exceeds the votes cast against the proposal.

Votes For Votes Against Abstain Broker Non-Votes
47,001,002 1,421,955 421,058 -0-