secwatch / observer
8-K filed April 23, 2024, 7:59 PM ET CIK 0001850266
other material confidence high sentiment neutral materiality 0.60

Akili, Inc.: Nasdaq/NYSE listing notice — Akili receives 180-day Nasdaq extension to Oct 21, 2024; shareholders approve reverse stock split

Akili, Inc.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

Akili, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange
nasdaq
Notice
extension granted
Deficiency
minimum bid price
Rules
5550(a)(2)
Exact text from the filing
October 21, 2024 (the “Extension Notice”), to regain compliance with Nasdaq’s minimum closing bid price rule required by the continued listing requirements of Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). Nasdaq’s determination follows the Company’s recent request for such additional compliance period and is based, in part, on the Company’s written notice to the Nasdaq Staff of its intention to cure the deficiency during the additional compliance period and if necessary, by effecting a reverse stock split. Previously, on October 24, 2023, the Company received a written notifica
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Akili, Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-04-17 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2024-04-17
Exact text from the filing
Proposal 2 – Ratification of the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024 The Company’s stockholders approved Proposal 2. The votes were cast as follows: For Against Abstain Broker Non-Votes 65,287,853 127,909 31,431 0
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Akili, Inc. shareholders approved Election of two Class II directors at the 2024-04-17 meeting.

Proposal
director election
Outcome
passed
Meeting
2024-04-17
Exact text from the filing
Proposal 1 – Election of Class II Directors to the Board The Company’s stockholders elected the two persons listed below as directors, each to serve until the Company’s 2027 annual meeting of stockholders and until their successors are duly elected and qualified, subject to their earlier resignation, death or removal. The votes were cast as follows: Nominee For Withhold Broker Non-Votes William “BJ” Jones, Jr. 56,884,764 489,310 8,073,119 Christine Lemke 56,962,983 411,091 8,073,119
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Akili, Inc. shareholders approved Approval of an amendment to the Company’s Certificate of Incorporation to give the Board discretionary authority to effect a reverse stock split at the 2024-04-17 meeting.

Proposal
reverse split
Outcome
passed
Meeting
2024-04-17
Exact text from the filing
Proposal 3 – Approval of an Amendment to the Company’s Certificate of Incorporation to Give the Board Discretionary Authority to Effect a Reverse Stock Split The Company’s stockholders approved Proposal 3. The votes were cast as follows: For Against Abstain Broker Non-Votes 64,553,169 675,020 219,004 0
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-24-107100
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