secwatch / observer
8-K filed September 22, 2023, 7:59 PM ET ticker SYBX CIK 0001527599
other confidence high sentiment neutral materiality 0.40

Synlogic shareholders approve reverse stock split at 1:5 to 1:15 ratio

SYNLOGIC, INC.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

SYNLOGIC, INC. shareholders approved Approval of an amendment to the certificate of incorporation to effect a reverse stock split at a ratio of not less than 1-for-5 and not more than 1-for-15 at the 2023-09-21 meeting.

Proposal
reverse split
Outcome
passed
Meeting
2023-09-21
Exact text from the filing
Proposal 1 The Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split at a ratio of not less than 1-for-5 and not more than 1-for-15, with the exact ratio to be set within that range at the discretion of the Company’s Board of Directors (the “Board”) without further approval or authorization of the Company’s stockholders and with the Board able to elect to abandon such proposed amendment and not effect the reverse stock split authorized by stockholders, in its sole discretion. Votes For Votes Against Votes Abstained 46,381,445 1,117,575 738,277
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

SYNLOGIC, INC. shareholders approved Approval of an adjournment of the special meeting to solicit additional proxies if necessary to adopt Proposal 1 at the 2023-09-21 meeting.

Outcome
passed
Meeting
2023-09-21
Exact text from the filing
Proposal 2 The Company’s stockholders approved an adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt Proposal 1. Votes For Votes Against Votes Abstained 47,228,190 782,326 226,781
View on SEC.gov

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

SYNLOGIC, INC. filing history →

Source: SEC EDGAR
accession 0001193125-23-240503
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.