other
confidence high
sentiment neutral
materiality 0.55
Nektar shareholders approve authorized share increase to 390M and reverse split authorization
NEKTAR THERAPEUTICS
- Proposal 5: authorized common shares increased from 300M to 390M (92.5M for, 55.5M against).
- Proposal 6: Board authorized to effect reverse stock split at ratio 1:2 to 1:40 within one year (140M for).
- Proposal 2: 2017 Performance Incentive Plan amended to add 6M shares (72.4M for, 28.8M against).
- Directors Diana Brainard and R. Scott Greer elected; other directors continue.
- Ernst & Young ratified as auditor; say-on-pay advisory resolution passed.
item 5.07