Vivani Medical, Inc 8-K, filed Jun 16, 2023
Vivani Medical, Inc. (VANI)
About this 8-K
Vivani Medical, Inc filed this 8-K on June 16, 2023, reporting on events of June 15, 2023.
Items reported
- Item 5.07: Shareholder vote results
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
The 2023 Annual Meeting of Stockholders of Vivani Medical, Inc. (“Vivani” or “Company”) was held on June 15, 2023 (the “Annual Meeting”). Holders of 35,548,694 shares of Vivani’s common stock were represented at the meeting in person or by proxy, constituting a quorum. The following are the voting results on each matter submitted to the stockholders of Vivani at the annual meeting.
Proposal 1: The stockholders elected each of the five director nominees to the Board of Directors of the Company (the “Board”) to serve until the 2024 Annual Meeting of Stockholders or until their successors have been duly elected and qualified, as set forth below:
| Director Name | Votes For | Votes Withheld | Broker Non-Votes |
| Gregg Williams | 28,610,760 | 466,881 | 6,471,052 |
| Aaron Mendelsohn | 28,694,356 | 383,285 | 6,471,052 |
| Dean Baker | 29,005,584 | 72,057 | 6,471,052 |
| Alexandra Larson | 29,005,855 | 71,786 | 6,471,052 |
| Adam Mendelsohn | 29,007,613 | 70,028 | 6,471,052 |
Proposal 2: The stockholders, on an advisory basis, ratified the appointment of BPM, LLP as Vivani’s independent registered public accounting firm for the fiscal year ending December 31, 2023, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 35,330,026 | 73,358 | 145,310 | 0 |
Proposal 3: The stockholders approved a proposed reincorporation pursuant to which the Company will change the state of its incorporation from California to Delaware, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 28,968,542 | 103,485 | 5,614 | 6,471,052 |
Proposal 4A: The stockholders approved a proposal to include a provision of the Company’s new Certificate of Incorporation in Delaware (the “Delaware Charter”) disallowing cumulative voting, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 28,761,039 | 218,095 | 98,507 | 6,471,052 |
Proposal 4B: The stockholders approved a proposal to include a provision of the Delaware Charter limiting the Company’s stockholders’ right to remove directors without cause, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 28,074,961 | 988,192 | 14,488 | 6,471,052 |
Proposal 4C: The stockholders approved a proposal to include a provision of the Company’s new Bylaws in Delaware (the “Delaware Bylaws”) permitting only the Board to call special meetings, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 26,713,084 | 723,481 | 1,641,076 | 6,471,052 |
Proposal 4D: The stockholders approved a proposal to include provisions of the Delaware Charter and Bylaws disallowing action by written consent of stockholders, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 26,695,069 | 666,911 | 1,715,661 | 6,471,052 |
Proposal 4E: The stockholders approved a proposal to include a provision of the Delaware Charter providing that, unless Vivani Delaware consents in writing to the selection of an alternate forum, certain intra-corporate claims may be brought exclusively in the Delaware Court of Chancery (or, if such court lacks subject matter jurisdiction, the other state or federal courts in the State of Delaware), as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 27,299,674 | 130,461 | 1,647,506 | 6,471,052 |
Proposal 4F: The stockholders approved a proposal to include a provision of the Delaware Charter requiring any complaint asserting a cause of action under the Securities Act of 1933 to be brought exclusively in the federal district courts of the United States, unless the Company consents in writing to the selection of an alternative forum, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 27,315,559 | 116,065 | 1,646,017 | 6,471,052 |
Proposal 5: The stockholders, on a non-binding advisory basis, approved the compensation of the Company’s named executive officers, as set forth below:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 28,751,018. | 256,320 | 70,303. | 6,471,052 |
Proposal 6: A proposal to transact such other business as may properly come before the Annual Meeting and any adjournments or postponements thereof was not called to a vote because there were sufficient votes in favor of the foregoing proposals.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VIVANI MEDICAL, INC. | ||
| Date: June 16, 2023 | By: | /s/ Adam Mendelsohn |
| Name: Adam Mendelsohn | ||
| Title: Chief Executive Officer | ||