other material
confidence high
sentiment negative
materiality 0.60
Stockholders reject authorized share increase to 225M at ASMB annual meeting
ASSEMBLY BIOSCIENCES, INC.
- All eight director nominees elected with no opposition.
- Say-on-pay advisory approved (10.6M for, 1.7M against).
- Ratification of Ernst & Young as auditor for FY2023 approved (21.5M for).
- Amendment to 2018 Stock Incentive Plan increasing share reserve from 8.6M to 10.6M shares approved.
- Proposal to increase authorized common stock from 150M to 225M shares failed, limiting future equity issuance.