other_material
confidence high
sentiment negative
materiality 0.60
Applied Therapeutics shareholders approve reverse stock split (1:5 to 1:40) at 2025 annual meeting
Applied Therapeutics, Inc.
- Stockholders elected Teena Lerner as Class III director with 44,287,976 votes for, until 2028.
- Ratified Ernst & Young as independent auditor for FY2025: 99,429,280 votes for.
- Advisory say-on-pay approved with 57,650,206 votes for; future votes set every 1 year.
- Approved reverse stock split at ratio 1:5 to 1:40 (board discretion) with 92,238,511 votes for, 8,537,480 against.
item 5.07