M&A
confidence high
sentiment positive
materiality 0.75
AVROBIO stockholders approve all proposals for merger with Tectonic Therapeutic
Tectonic Therapeutic, Inc.
- Stock issuance and change-of-control proposal passed: 30,233,557 For, 1,899,576 Against.
- Reverse stock split (1:3 to 1:30 range) approved: 29,802,382 For, 2,181,632 Against.
- Tectonic 2024 Equity Incentive Plan approved: 25,325,215 For, 6,747,913 Against.
- Advisory vote on M&A executive compensation approved: 29,551,916 For, 2,530,022 Against.
- Adjournment proposal approved but not needed as stock issuance and reverse split passed.