other material
confidence high
sentiment negative
materiality 0.15
Aptevo shareholders approve issuance of >19.99% of common stock to Yorkville
Aptevo Therapeutics Inc.
- Shareholders approved issuance of more than 19.99% of outstanding common stock under Standby Equity Purchase Agreement with Yorkville.
- Vote on Proposal 2 (stock issuance): 83,051 for, 29,168 against, 1,816 abstain, 225,099 broker non-votes.
- Proposal 1 (charter amendment for technical changes) not approved: 273,162 for, 61,044 against, 4,928 abstain.
- Proposal 3 (adjournment) approved: 270,356 for, 64,975 against, 3,803 abstain.