secwatch / observer
8-K filed February 7, 2023, 6:59 PM ET ticker OCEA CIK 0001869974
other material confidence high sentiment positive materiality 0.75

Aesther Healthcare shareholders approve all proposals for Ocean Biomedical merger

Ocean Biomedical, Inc.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Adjournment Proposal - to adjourn the Special Meeting if necessary at the 2023-02-03 meeting.

Outcome
passed
Meeting
2023-02-03
Exact text from the filing
7 – Adjournment Proposal The Shareholders approved the Adjournment Proposal, as defined in the Proxy Statement, to adjourn the Special Meeting to a later date or dates, if necessary to permit further solicitation and vote of proxies if it is determined by Aesther that more time is necessary or appropriate to approve one or more Proposals at the Special Meeting. The following is a tabulation of the voting results: Common Against Abstentions Broker (24%) 0 (0%) –
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Charter Amendment Proposal - to adopt and amend the Third Amended and Restated Certificate of Incorporation at the 2023-02-03 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-02-03
Exact text from the filing
2 – Charter Amendment Proposal The Shareholders approved the Charter Amendment Proposal (including the Share Increase Amendment), each as defined in the Proxy Statement, to adopt and amend the Third Amended and Restated Certificate of Incorporation of Aesther Healthcare Acquisition Corp., which shall become effective upon the Closing of the Transaction. The following is a tabulation of the voting results: Common Non-Votes 9,006,495 (24%) 10 (0.00008%) –
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Election of Directors Proposal - to elect eleven directors to serve staggered terms at the 2023-02-03 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-02-03
Exact text from the filing
6 – Election of Directors Proposal The Shareholders approved the Election of Directors Proposal, as defined in the Proxy Statement, to elect eleven directors to serve staggard terms on the Aesther’s board of directors until the 2023, 2024, and 2025 annual meetings of the stockholders, respectively, and until their respective successors are duly elected and qualified. The following is a tabulation of the voting results: Common Stock: Votes For Votes Against Abstentions Broker Non-Votes 9,006,516 (76%) 2,317,396 (20%) 575,373 (4%) –
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Employee Stock Purchase Plan Proposal - to approve the Employee Stock Purchase Plan at the 2023-02-03 meeting.

Proposal
equity plan
Outcome
passed
Meeting
2023-02-03
Exact text from the filing
5 – Employee Stock Purchase Plan Proposal The Shareholders approved the Employee Stock Purchase Plan Proposal, as defined in the Proxy Statement, to approve the Employee Stock Purchase Plan (a copy of the 2022 Equity Incentive Plan is attached to the Proxy Statement as Annex D). The following is a tabulation of the voting results: Common Non-Votes 9,006,496 (76%) 2,317,396 (20%) 575,373 (4%) – 2
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Incentive Plan Proposal - to approve the 2022 Equity Incentive Plan at the 2023-02-03 meeting.

Proposal
equity plan
Outcome
passed
Meeting
2023-02-03
Exact text from the filing
4 – Incentive Plan Proposal The Shareholders approved the Incentive Plan Proposal, as defined in the Proxy Statement, to approve the 2022 Equity Incentive Plan (a copy of the 2022 Equity Incentive Plan is attached to the Proxy Statement as Annex C). The following is a tabulation of the voting results: Common Non-Votes 8,440,398 (71%) 3,458,867 (29%) 0
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Business Combination Proposal - to adopt and approve the Merger Agreement at the 2023-02-03 meeting.

Proposal
merger approval
Outcome
passed
Meeting
2023-02-03
Exact text from the filing
Proposal 1- Business Combination Proposal The Shareholders approved the Business Combination Proposal, as defined in the Proxy Statement, to adopt and approve the Merger Agreement pursuant to which at the closing of the Transaction, Merger Sub will merge with and into Ocean Biomedical. The following is a tabulation of the voting results: Common (24%) 0
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Ocean Biomedical, Inc. shareholders approved Nasdaq Proposal - to approve issuance of more than 20% of Class A common stock and resulting change in control at the 2023-02-03 meeting.

Outcome
passed
Meeting
2023-02-03
Exact text from the filing
3 – Nasdaq Proposal The Shareholders approved the Nasdaq Proposal, as defined in the Proxy Statement, to approve for purposes of complying with Nasdaq Listing Rules 5635(a) and (b), the issuance of more than 20% of the issued and outstanding Class A common stock and the resulting change in control in connection with the Transaction between Aesther and White Lion Capital LLC. The following is a tabulation of the voting results: Common (24%) 0
View on SEC.gov

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Ocean Biomedical, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-003801
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