secwatch.observer — SEC 8-K summary
======================================

Issuer:     AGENUS INC (AGEN)
CIK:        0001098972
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0000950170-25-088502
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Agenus shareholders reject one-time option exchange and say-on-pay at annual meeting
--------------------------------------------------------------------------------

- Directors Corvese and Wright elected with ~5.99M and ~6.86M for votes respectively.
- Equity plan increases approved: EIP from 5.05M to 12.05M shares; other plans also raised.
- Proposal 5 (option exchange) not approved: 4.87M for, 5.82M against, 5.89M broker non-votes.
- Proposal 6 (say-on-pay) not approved: 5.16M for, 5.18M against, 0.47M abstain.
- KPMG ratification passed with 13.62M for versus 2.87M against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098972/000095017025088502/0000950170-25-088502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098972/000095017025088502/agen-20250617.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-088502

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer