other_material
confidence high
sentiment neutral
materiality 0.60
Sutro Biopharma stockholders approve reverse stock split at 1:5 to 1:25 ratio
SUTRO BIOPHARMA, INC.
- Reverse stock split authorized at ratio between 1:5 and 1:25, board to set exact ratio.
- Three Class I directors elected: Heidi Hunter, Jon Wigginton, Michael Dybbs for three-year terms.
- Ernst & Young LLP ratified as independent auditor for fiscal year ending Dec 2025 with 99.1% for.
- Non-binding advisory vote on named executive officer compensation passed with 42.99M for.
- All proposals passed at June 6, 2025 annual meeting; broker non-votes ranged from 12.5M on director elections.
item 5.07