---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-027462"
form_type: "8-K"
ticker: "ASTC"
cik: "0001001907"
company_name: "ASTROTECH Corp"
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T17:58:18.477924+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Astrotech shareholders approve reverse stock split authorization at 1:5 to 1:30 ratio

## Summary
- Elected four directors: Pickens, Russler, Wilkinson, Becker (broker non-votes ~10.9M shares).
- Ratified Armanino as auditor for FY2023: 33.2M for, 1.1M against, 0.4M abstentions.
- Approved reverse split of up to 1:30 with board discretion before Dec 31, 2022: 28.7M for, 5.9M against.
- Adjournment proposal approved but unnecessary given reverse split approval.

## SEC filing metadata
- accession: 0001437749-22-027462
- form_type: 8-K
- ticker: ASTC
- cik: 0001001907
- company_name: ASTROTECH Corp
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001907/000143774922027462/0001437749-22-027462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001907/000143774922027462/astc20221115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027462
- JSON: https://secwatch.observer/filing/0001437749-22-027462.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027462.txt

## Key facts
- Shareholder Votes
  ASTROTECH Corp shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2022-11-15 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-11-15
  source text: Proposal 2 - Ratification of Selection of Independent Registered Public Accounting Firm By the votes reflected below, our shareholders ratified the appointment of Armanino, LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023: Votes For Votes Against Abstentions 33,205,745 1,060,306 416,877
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001907/000143774922027462/0001437749-22-027462-index.htm
- Shareholder Votes
  ASTROTECH Corp shareholders approved Adjournment to Solicit Additional Proxies at the 2022-11-15 meeting.
  - Outcome: passed
  - Meeting: 2022-11-15
  source text: Proposal 4 – Adjournment to Solicit Additional Proxies By the votes reflected below, our shareholders approved an adjournment of the Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Meeting to approve Proposal Three; however, an adjournment of the Meeting to a later date is not necessary in light of the approval of Proposal Three. Votes For Votes Against Abstentions 30,819,901 3,795,037 67,990
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001907/000143774922027462/0001437749-22-027462-index.htm
- Shareholder Votes
  ASTROTECH Corp shareholders approved Approval of Reverse Stock Split at the 2022-11-15 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2022-11-15
  source text: Proposal 3 – Approval of Reverse Stock Split By the votes reflected below, our shareholders approved (a) authorization to our Board of Directors (the “Board”) to effect, in its discretion prior to December 31, 2022, a reverse stock split of all of our issued and outstanding common stock at a specific ratio, ranging from one-for-five to one-for-thirty, with the timing and ratio to be determined by the Board, and (b) a corresponding amendment to the Company’s certificate of incorporation to effect the reverse stock split: Votes For Votes Against Abstentions 28,731,741 5,890,789 60,398
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001907/000143774922027462/0001437749-22-027462-index.htm
- Shareholder Votes
  ASTROTECH Corp shareholders approved Election of Directors at the 2022-11-15 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-11-15
  source text: Proposal 1 – Election of Directors By the votes reflected below, our shareholders elected the following individuals to serve as directors to serve for the respective terms prescribed by the Company’s bylaws: Nominee Votes For Votes Withheld Broker Non-Votes Thomas B. Pickens III 20,226,565 3,572,995 10,883,368 Daniel T. Russler, Jr. 12,608,314 11,191,246 10,883,368 Tom Wilkinson 14,349,314 9,450,246 10,883,368 Jim Becker 14,769,284 9,030,276 10,883,368
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001907/000143774922027462/0001437749-22-027462-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.