Abeona Therapeutics Inc 8-K, filed Apr 24, 2024
Abeona Therapeutics Inc. (ABEO)
About this 8-K
Abeona Therapeutics Inc filed this 8-K on April 24, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 5.07: Shareholder vote results
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The stockholders of Abeona Therapeutics Inc. (the “Company”) approved the Amended and Restated Abeona Therapeutics Inc. 2023 Equity Incentive Plan (the “A&R Plan”) at the Company’s annual meeting of stockholders on April 24, 2024 (the “Annual Meeting”). The Company’s Board of Directors (the “Board”), upon the recommendation of the Compensation Committee of the Board, previously approved the A&R Plan on March 15, 2024, subject to stockholder approval. Additional information regarding the results of the Annual Meeting is set forth below in this Report under Item 5.07.
The A&R Plan increases the number of common shares, par value $0.01 per share, of the Company reserved for issuance under the plan by 1,500,000 shares, from 1,700,000 shares to 3,200,000 shares.
The foregoing description of the A&R Plan does not purport to be complete and is qualified in its entirety by the full text of the A&R Plan, which is attached as Appendix A to the Company’s definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on March 19, 2024, and is incorporated by reference herein as Exhibit 10.1.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
The Annual Meeting was held virtually on April 24, 2024 at 9:00 a.m., Eastern Time. The following matters were acted upon:
Proposal 1. Election of Directors.
Leila Alland and Vishwas Seshadri were elected to serve as Class 2 directors of the Company until the 2027 annual meeting of stockholders and until their successors are elected and qualified. The results of the election of directors are as follows:
| Nominee | Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||
| Leila Alland | 8,985,852 | 958,122 | 12,938 | 5,093,839 | ||||
| Vishwas Seshadri | 9,922,210 | 21,390 | 13,312 | 5,093,839 |
Proposal 2. Approval of an Increase in the Number of Shares Reserved for Issuance Under the A&R Plan.
A proposal to approve an increase in the number of shares reserved for issuance under the A&R Plan from 1,700,000 to 3,200,000 shares was approved based on the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 9,358,912 | 570,314 | 27,686 | 5,093,839 |
Proposal 3. Advisory Vote on Compensation of Named Executive Officers.
An advisory vote to approve the compensation of the Company’s named executive officers was approved by the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 9,529,727 | 402,844 | 24,341 | 5,093,839 |
Proposal 4. Ratification of the Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm.
A proposal to ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024 was approved by the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 14,720,159 | 136,942 | 193,650 | — |
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit No. | Description | |
| 10.1 | Amended and Restated Abeona Therapeutics Inc. 2023 Equity Incentive Plan (incorporated by reference to our Definitive Proxy Statement on Schedule 14A filed on March 19, 2024) | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
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.
| Abeona Therapeutics Inc. | ||
| (Registrant) | ||
| By: | /s/ Joseph Vazzano | |
| Name: | Joseph Vazzano | |
| Title: | Chief Financial Officer | |
Date: April 24, 2024