other material
confidence high
sentiment neutral
materiality 0.35
Sera Prognostics amends Baker Bros. director nomination right; ownership threshold raised to 9.9%
SERA PROGNOSTICS, INC.
- Amendment to Side Letter with Baker Bros. Advisors LP increases ownership threshold for director nomination from 4.0% to 9.9% of outstanding voting power.
- Nomination right suspended while Baker Bros. designee serves on board; right revives when designee leaves.
- Amendment dated February 16, 2023; filed as exhibit to 10-K for year ended December 31, 2022.