Vistagen stockholders approve major increase in authorized equity shares

Vistagen Therapeutics, Inc.

Approved amendment to 2019 Omnibus Equity Incentive Plan: authorized shares increase from 1M to 5M; 82.0% votes cast in favor.
Approved amendment to 2019 Employee Stock Purchase Plan: authorized shares increase from 33,334 to 1M; 82.3% votes cast in favor.
Both proposals passed at special meeting held May 29, 2024, with over 82% of votes cast supporting each.
Total potential dilution from the two plan amendments increases available shares by 4.97M (net of prior reserves).

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