other material
confidence high
sentiment neutral
materiality 0.15
GT Biopharma amends 8-K to correct vote tabulation on authorized shares reduction
GT Biopharma, Inc.
- Proposal 4 to reduce authorized shares from 750M to 250M passed with 19,568,632 For, 215,253 Against, 141,506 Abstain.
- Original filing incorrectly classified Proposal 4 as non-routine; it was routine, allowing broker discretionary votes.
- Company plans special stockholder meeting to ratify inclusion of discretionary broker votes in Proposal 4 tabulation.