Precipio Inc. Announces Adjournment of Annual Meeting of Shareholders
June 15 2018 - 8:11PM
Specialty diagnostics company Precipio, Inc. (NASDAQ:PRPO),
announced today that the Company’s 2018 Annual Meeting of
Shareholders, originally scheduled for 9:30 a.m., Eastern Standard
Time on Friday, June 15th, 2018 at the offices of the Company at 4
Science Park, New Haven, CT 06511 was adjourned due to the fact
that the percentage of shareholders participating in the proxy vote
totaled approximately 45%, thereby not reaching the quorum of 50%
required to conduct business and approve the measures. The meeting
is rescheduled for July 6th, 2018 at 10:00 a.m. Eastern Standard
Time at the offices of the Company. Company management noted that
of the votes received, all measures requiring a for/against vote
received a “For” vote of over 95%.
If you have already voted on your shares you do not need
to vote again and we thank you for your support.
“I appreciate the overwhelming shareholder support for the
measures put forth by the company, as demonstrated in the
affirmative vote of over 95% of voters for these measures,” said
Ilan Danieli, CEO of Precipio. “Over the next few weeks, we will be
reaching out to additional shareholders through various measures to
obtain the necessary additional votes to meet the quorum. The
company remains focused on growth and achieving continuous positive
results, as have been demonstrated in recent quarters.”
If you have any questions concerning the 2018
Annual Meeting and you are the stockholder of record of your
shares, please contact the company by email at
investors@precipiodx.com or by phone to (203) 787 7888. If your
shares are held by a broker or other nominee (that is, in “street
name”), please contact your broker or other nominee for questions
concerning the 2018 Annual Meeting.
About Precipio
Precipio has built a platform designed to eradicate the problem
of misdiagnosis by harnessing the intellect, expertise and
technology developed within academic institutions and delivering
quality diagnostic information to physicians and their patients
worldwide. Through its collaborations with world-class academic
institutions specializing in cancer research, diagnostics and
treatment, such as the Yale School of Medicine and Harvard’s
Dana-Farber Cancer Institute, Precipio offers a new standard of
diagnostic accuracy enabling the highest level of patient care. For
more information, please visit www.precipiodx.com
Forward-Looking Statements
Certain statements in this press release constitute
“forward-looking statements,” within the meaning of federal
securities laws, including statements related to ICP technology,
including other financial projections and potential market
opportunity, plans and prospects and other statements containing
the words “anticipate,” “intend,” “may,” “plan,” “predict,” “will,”
“would,” “could,” “should,” and similar expressions, constitute
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995. The Company's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of various factors. Factors
that could cause future results to materially differ from the
recent results or those projected in forward-looking statements
include the known risks, uncertainties and other factors described
in the Company’s quarterly report on form 10-Q for the quarter
ended March 31, 2018 and on the Annual Report on Form 10-K for the
year ended December 31, 2017, the Company’s prior filings and from
time to time in the Company’s subsequent filings with the
Securities and Exchange Commission. Any change in such factors,
risks and uncertainties may cause the actual results, events and
performance to differ materially from those referred to in such
statements. All information in this press release is as of the date
of the release and the Company does not undertake any duty to
update this information, including any forward-looking statements,
unless required by law.
Additional Information and where to find
it
The Company has filed a definitive proxy
statement and associated proxy card with the U.S. Securities and
Exchange Commission (the “SEC”) in connection with the solicitation
of proxies for the Annual Meeting of Shareholders of the Company
(the “Annual Meeting”) on May 29, 2018. The Company, its directors,
its executive officers and certain other individuals set forth in
the definitive proxy statement will be deemed participants in the
solicitation of proxies from shareholders in respect of the Annual
Meeting. Information regarding the names of the Company’s directors
and executive officers and certain other individuals and their
respective interests in the Company by security holdings or
otherwise is set forth in the Company’s quarterly report on form
10-Q for the quarter ended March 31, 2018 and on the Annual Report
on Form 10-K for the year ended December 31, 2017, has been
included in the definitive proxy statement filed with the SEC on
May 29, 2019. Details containing the nominees of the Company’s
Board of Directors for election at the 2018 Annual Meeting of
Shareholders are included in the definitive proxy statement. BEFORE
MAKING ANY VOTING DECISION, SHAREHOLDERS OF THE COMPANY ARE URGED
TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC,
INCLUDING THE DEFINITIVE PROXY STATEMENT AND ANY SUPPLEMENTS
THERETO AND ACCOMPANYING PROXY CARD, BECAUSE THEY CONTAIN IMPORTANT
INFORMATION. The Company’s definitive proxy statement and a form of
proxy have been mailed to shareholders of the Company. Investors
and shareholders can obtain a copy of the documents filed by the
Company with the SEC, including the definitive proxy statement,
free of charge by visiting the SEC’s website, www.sec.gov. The
Company’s shareholders can also obtain, without charge, a copy of
the definitive proxy statement and other relevant filed documents
when available from the Company’s website at
www.precipiodx.com.
Inquiries:
investors@precipiodx.com
+1-203-787-7888
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