secwatch.observer — SEC 8-K summary
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Issuer:     Aptevo Therapeutics Inc. (APVO)
CIK:        0001671584
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000950170-24-092865
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Aptevo shareholders reject charter amendment, approve stock issuance at special meeting
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- Proposal 1 (charter amendment) failed: FOR 929,933 / AGAINST 554,853 / ABSTAIN 24,490; required majority of outstanding shares.
- Proposal 2 (stock issuance and warrant repricing) approved: FOR 306,069 / AGAINST 283,207 / ABSTAIN 10,620; 909,380 broker non-votes.
- Proposal 3 (adjournment) approved: FOR 926,978 / AGAINST 561,064 / ABSTAIN 21,234.
- Charter amendment defeat means Aptevo cannot implement the proposed changes without another vote.
- Approved issuance relates to June 28 securities purchase agreement covering warrants with exercise price adjustments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671584/000095017024092865/0000950170-24-092865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671584/000095017024092865/apvo-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-092865

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