ISS Endorses XORTX Shareholders to Vote YES at Upcoming Meeting
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XORTX Therapeutics Gains ISS Support for Upcoming Meeting
CALGARY, Alberta – XORTX Therapeutics Inc. (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU) is enthusiastic to share a significant endorsement from Institutional Shareholder Services Inc. (ISS), an independent proxy advisory firm. As the company prepares for its crucial Annual and Special Meeting of Shareholders, set to take place on September 12, 2024, ISS has strongly recommended that shareholders vote in favor of all proposed resolutions.
Importance of Shareholder Participation
The leadership of XORTX is urging all shareholders to recognize the value of their votes. No matter the number of shares one holds, participating in this vote is crucial for the collective voice of shareholders to be heard. The deadline for proxy voting is approaching, set for 10:00 am Calgary time on September 10, 2024.
Details of the Meeting
During the upcoming meeting, shareholders will discuss critical resolutions affecting the company's future. The meeting will commence at 10:00 am on September 12, 2024, held at the corporate headquarters at 3710 – 33rd Street NW, Calgary. Shareholders are encouraged to review all documentation and to stay informed about the meeting proceedings.
Voting Assistance and Contact Information
For those needing help or clarity regarding the matters on the agenda or the voting process, XORTX has designated Laurel Hill Advisory Group as their proxy solicitation agent. They can be reached toll-free within North America at 1-877-452-7184 or by email.
About XORTX Therapeutics
XORTX Therapeutics is at the forefront of developing new therapies targeting progressive kidney disease. The company is advancing two key products: the XRx-008 program for autosomal dominant polycystic kidney disease (ADPKD) and the XRx-101 program designed to tackle acute kidney injuries associated with viral infections. In addition to these, XORTX is currently developing XRx-225, which targets Type 2 Diabetic Nephropathy, paving the way for innovative treatment solutions to chronic health challenges.
Commitment to Patient Health
At XORTX, the core mission is clear: to enhance the lives of patients suffering from chronic kidney conditions. The focus on aberrant purine metabolism and xanthine oxidase inhibition showcases a commitment to addressing these critical health issues with breakthrough therapies. The company is diligently working to bring these promising treatments through clinical trials and into the hands of healthcare professionals.
Frequently Asked Questions
What is the purpose of the upcoming meeting for XORTX shareholders?
The meeting aims to discuss critical resolutions that will shape the future of XORTX Therapeutics and confirm the endorsement from ISS for these proposals.
Why is the ISS recommendation important?
ISS provides independent insights into corporate governance and shareholder issues, which can influence shareholder decisions significantly and enhance trust in company management.
How can shareholders ensure their voices are heard?
Shareholders must cast their votes before the deadline to ensure their opinions and preferences regarding proposed resolutions are formally recognized and considered.
What are the key initiatives of XORTX?
XORTX focuses on developing therapies for chronic kidney diseases, with notable programs aimed at ADPKD and acute kidney injury.
How can shareholders seek further information regarding the meeting?
XORTX investors can contact Laurel Hill Advisory Group for assistance or visit the company’s website for detailed information and documentation relevant to the meeting.
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