Join the Vaxart Vaccination Revolution: Key Updates for Investors

Key Updates from Vaxart for Stockholders
In a recent announcement, Dr. Sean Tucker, the Founder and Chief Scientific Officer of Vaxart, Inc. (NASDAQ: VXRT), reached out to stockholders via a video update. The communication is structured to motivate stockholders to participate actively in the company's future directions, particularly the upcoming proposal for a reverse stock split.
Importance of Voting on the Reverse Stock Split Proposal
Dr. Tucker emphasizes the necessity of stockholders voting FOR Proposal No. 2 by the deadline of June 1, 2025, at 11:59 p.m. Eastern Time. This proposal seeks to empower the Board of Directors with the authority to manage the reverse stock split, a strategic move aimed at ensuring Vaxart retains compliance with Nasdaq's minimum bid price rule.
Addressing Common Misconceptions
To further assist investors, Vaxart has developed a fact sheet addressing widespread misconceptions related to the reverse stock split. This resource seeks to clarify important facets of the proposal, ensuring that stockholders can make informed voting decisions. An accompanying PDF is available for more detailed insights and clarification on these complex topics.
Encouragement for Participation
All stockholders of record as of March 26, 2025, are encouraged to review their voting status. Even those who initially voted against Proposal No. 2 can revisit their decision and amend their vote if they choose. The active involvement of stockholders is crucial as Vaxart navigates this important phase of its operational strategy.
Need Assistance? Here to Help!
If assistance is needed regarding the voting procedure, Vaxart is providing support through its proxy solicitation firm, Campaign Management, LLC. You can reach out to them toll-free at 1-855-264-1527 or via email at info@campaign-mgmt.com.
About Vaxart
Vaxart, a pioneering clinical-stage biotechnology company, is at the forefront of developing oral recombinant vaccines based on a unique delivery platform. The innovative nature of Vaxart's vaccines allows for administration in pill form, which can be stored and transported without refrigeration—eliminating the need for syringes and reducing the risk of needle-stick injuries.
The company is currently engaged in numerous development programs, focusing on vaccines addressing key health challenges such as coronavirus, norovirus, and influenza, as well as a therapeutic vaccine for human papillomavirus (HPV), marking its entry into immune-oncology.
Frequently Asked Questions
What is the purpose of the video update from Dr. Tucker?
The video update aims to encourage stockholders to vote in favor of the reverse stock split proposal, which is important for maintaining compliance with Nasdaq regulations.
What is the reverse stock split proposal about?
The proposal seeks to give the Board authority to implement a reverse stock split to help Vaxart meet the Nasdaq minimum bid price rule.
How should stockholders vote on the proposal?
Stockholders are encouraged to cast their votes by June 1, 2025, at 11:59 p.m. Eastern Time, with options to change previous votes if necessary.
Where can stockholders find more information about the misconceptions?
A detailed fact sheet accompanying the announcement addresses common misunderstandings regarding the reverse stock split.
How can stockholders get help with the voting process?
For assistance, stockholders can contact Campaign Management, LLC, at 1-855-264-1527 or through email at info@campaign-mgmt.com.
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