other material
confidence high
sentiment neutral
materiality 0.60
Ocuphire Pharma shareholders approve share increase to 125M, reject Lincoln Park issuance and officer exculpation
Opus Genetics, Inc.
- Shareholders approved amendment to increase authorized common stock from 75M to 125M, effective June 12.
- Shareholders rejected proposed issuance of shares to Lincoln Park Capital in excess of 19.99% of outstanding.
- Shareholders rejected charter amendment to exculpate officers.
- Board adopted amended bylaws with enhanced procedural rules for stockholder nominations and proposals.
- All seven director nominees elected; Ernst & Young ratified as auditor; say-on-pay advisory approved.