Simulations Plus shareholders approve 61% increase in equity plan shares to 2.5M

Simulations Plus, Inc.

Shareholders approved increasing authorized shares under 2021 Equity Incentive Plan from 1,550,000 to 2,500,000 (61% increase).
All five director nominees elected: Walter Woltosz, Dr. John K. Paglia, Sharlene Evans, Dr. Daniel Weiner, Lisa LaVange.
Ratified Rose, Snyder & Jacobs LLP as independent auditor for fiscal year ending August 31, 2024.
Plan amendment effective February 8, 2024; allows additional equity grants for employee incentives.
Approximately 74% of outstanding shares were represented at the annual meeting.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Simulations Plus, Inc. shareholders approved To approve an amendment to the 2021 Plan to increase the number of shares authorized for issuance at the 2024-02-08 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2024-02-08

Exact text from the filing

3. Proposal No. 3: To approve an amendment to the 2021 Plan to increase the number of shares authorized for issuance thereunder from 1,550,000 shares to 2,500,000 shares of common stock of the Company. This proposal was approved based upon the following votes: 1 Votes For Votes Against Votes Abstaining 12,504,641 913,457 31,050

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Simulations Plus, Inc. shareholders approved Election of five directors at the 2024-02-08 meeting.

Proposal: director election
Outcome: passed
Meeting: 2024-02-08

Exact text from the filing

1. Proposal No. 1: To elect five individuals to serve on the Company's Board until the next Annual Meeting of Shareholders of the Company or until their successors are duly elected and qualified, subject to prior death, resignation, or removal. The votes were cast for this matter as follows: Nominees Votes For Votes Withheld Broker Non-votes Walter Woltosz 13,261,269 187,879 1,337,428 Dr. John K. Paglia 13,233,814 215,334 1,337,428 Sharlene Evans 13,301,624 147,524 1,337,428 Dr. Daniel Weiner 13,223,857 225,291 1,337,428 Lisa LaVange 13,225,460 223,688 1,337,428

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Simulations Plus, Inc. shareholders approved To ratify the selection of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm at the 2024-02-08 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2024-02-08

Exact text from the filing

2. Proposal No. 2: To ratify the selection of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm for the Company for the fiscal year ending August 31, 2024. This proposal was approved based upon the following votes: Votes For Votes Against Votes Abstaining 14,691,828 88,690 6,058

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560 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Simulations Plus, Inc. filing history →

Source: SEC EDGAR

accession 0001023459-24-000030

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