BioAtla shareholders approve 1-for-50 reverse stock split merger; executive retention bonuses set

BioAtla, Inc.

Stockholders approved Merger and Share Consolidation (1:50 reverse split) on March 23, 2026; 49.2M votes for, 1.47M against.
CEO Jay Short retention bonus target $449,712 (60% salary) tied to milestones by Aug 31, 2026.
CFO Christian Vasquez retention bonus target $186,110 total; CMO Eric Sievers $265,315 total, both split across May and Aug milestones.
No salary increases for 2026; no 2025 bonuses earned as financial milestones were missed.
Bonuses subject to sliding scale (80%-120% of target); employment required through payout.

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