secwatch.observer — SEC 8-K summary
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Issuer:     Equillium, Inc. (EQ)
CIK:        0001746466
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0000950170-24-064016
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Equillium stockholders approve reverse stock split amendment at annual meeting
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- Approved amendment to certificate of incorporation for reverse stock split at ratio of 1:2 to 1:10, with board discretion on timing and ratio.
- Three Class III directors (Bradbury, Demski, Pruzanski) elected; all received substantial votes for with few against.
- KPMG LLP ratified as independent auditor for FY2024 with 25,229,542 votes for, 25,305 against.
- Advisory say-on-pay approved; stockholders preferred frequency of every three years (11,950,771 votes) over one or two years.
- Reverse split authorization gives board flexibility to address Nasdaq minimum bid price or other strategic needs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746466/000095017024064016/0000950170-24-064016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746466/000095017024064016/eq-20240522.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-064016

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