NetworkNewsBreaks – Predictive Oncology (NASDAQ:
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Posted On: 08/11/2021 4:19:14 PM
NetworkNewsBreaks – Predictive Oncology (NASDAQ: POAI) Announces Adjournment of Special Meeting of Stockholders
Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, has adjourned its Special Meeting of Stockholders. The meeting was convened on Aug. 10, 2021, at 3 p.m. CT, and then adjourned, with a plan to reconvene on Aug. 17, 2021, at 3 p.m. CT. The reason for the adjournment was to solicit more votes on a key proposal. According to the announcement, the proposal in questions calls for approval of an amendment to the company’s certificate of incorporation to increase the number of authorized shares of company common stock to 200 million; the current number of authorized shares of common stock is 100 million. During the meeting, stockholders voted and approved several other proposals, including an amendment to the Amended and Restated 2012 Stock Incentive Plan, the issuance of additional shares of common stock of the company based on a previously approved equity line of credit arrangement; and the ratification of the appointment of Baker Tilly US LLP as POAI’s independent registered public accounting firm for the fiscal year ending December 31, 2021. Before the next scheduled meeting, POAI will solicit proxies from its stockholders. POAI is also encouraging all stockholders who have not yet voted to do so as soon as possible.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, has adjourned its Special Meeting of Stockholders. The meeting was convened on Aug. 10, 2021, at 3 p.m. CT, and then adjourned, with a plan to reconvene on Aug. 17, 2021, at 3 p.m. CT. The reason for the adjournment was to solicit more votes on a key proposal. According to the announcement, the proposal in questions calls for approval of an amendment to the company’s certificate of incorporation to increase the number of authorized shares of company common stock to 200 million; the current number of authorized shares of common stock is 100 million. During the meeting, stockholders voted and approved several other proposals, including an amendment to the Amended and Restated 2012 Stock Incentive Plan, the issuance of additional shares of common stock of the company based on a previously approved equity line of credit arrangement; and the ratification of the appointment of Baker Tilly US LLP as POAI’s independent registered public accounting firm for the fiscal year ending December 31, 2021. Before the next scheduled meeting, POAI will solicit proxies from its stockholders. POAI is also encouraging all stockholders who have not yet voted to do so as soon as possible.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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