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 (“Annual Meeting”) of Inhibikase Therapeutics, Inc. (the “Company”) was held on June 23, 2023. The following proposals were approved at the Annual Meeting by the votes indicated:
Proposal One: To elect two directors to the board of directors of the Company to serve as Class III directors, to serve until the Company’s 2026 annual meeting of stockholders, or until in each case their respective successor is duly elected and qualified. The nominees for election were Dennis Berman and Gisele Dion.
The following nominees were elected by the votes indicated to serve as Class III directors, to serve until the Company’s 2026 annual meeting of stockholders, or until in each case their respective successor is duly elected and qualified:
Name |
Total Votes for Director |
Total Votes Withheld from Director |
Total Broker Non-Votes |
|||||||||
Dennis Berman |
16,347,928 | 681,661 | 6,084,269 | |||||||||
Gisele Dion |
16,729,483 | 300,106 | 6,084,269 |
Proposal Three: To ratify the appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.
Total Votes | ||||
For |
22,817,751 | |||
Against |
36,084 | |||
Abstain |
260,023 | |||
Broker Non-Votes |
0 |
Proposal Four: To grant discretionary authority to the board of directors to amend the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of the common stock of the Company within a range of 1-for-5 to 1-for-20, if needed to meet the minimum bid requirement under The Nasdaq Capital Market listing rules with the exact ratio, if any, to be determined by the board of directors.
Total Votes | ||||
For |
21,949,971 | |||
Against |
1,156,412 | |||
Abstain |
7,473 | |||
Broker Non-Votes |
0 |
The following proposals were not adopted at the Annual Meeting by the votes indicated because the requisite approval percentages were not met:
Proposal Two: To grant discretionary authority to the board of directors to amend the Company’s Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 100,000,000 shares to 200,000,000 shares.
Total Votes | ||||
For |
20,642,707 | |||
Against |
2,190,425 | |||
Abstain |
280,725 | |||
Broker Non-Votes |
0 |
Proposal Five: To approve an amendment to Article XII of the Company’s Amended and Restated Certificate of Incorporation to eliminate the 66 2/3% affirmative vote requirement for amendments to Section 1 of Article IV thereof.
Total Votes | ||||
For |
15,474,907 | |||
Against |
1,373,915 | |||
Abstain |
180,767 | |||
Broker Non-Votes |
6,084,269 |
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.
Date: June 28, 2023 | INHIBIKASE THERAPEUTICS, INC. | |||||
By: | /S/ MILTON H. WERNER | |||||
Milton H. Werner, Ph.D. | ||||||
President and Chief Executive Officer |