Item 5.07
|
Submission of Matters to a Vote of
Security Holders
|
At the annual meeting (the “Annual Meeting”) of
stockholders of NeuroBo Pharmaceuticals, Inc. (the “Company”) on June 9,
2022, the Company’s stockholders (i) elected two Class III
directors to the Company’s Board of Directors, each to serve
three-year terms until the 2025 annual meeting of stockholders,
(ii) ratified the appointment of BDO USA, LLP as the Company’s
independent registered public accounting firm for the fiscal year
ending December 31, 2022, (iii) approved (on an advisory
basis) the compensation of the Company’s named executive officers,
(iv) approved (on an advisory basis) that an advisory vote on the
compensation of the Company’s named executive officer should occur
every three years, (v) approved an amendment to the Company’s
Certificate of Incorporation to effect a reverse split of our
outstanding common stock at a ratio in the range of 1-for-5 to
1-for-35 to be determined at the discretion of the Company’s Board
of Directors, whereby each outstanding 5 to 35 shares would be
combined, converted and changed into 1 share of the Company’s
common stock (“Proposal 5”) and (vi)
to authorize of one or more adjournments of the Annual Meeting to
solicit additional proxies in the event there are insufficient
votes to approve Proposal 5.
At the Annual Meeting, the total number of shares represented in
person or by proxy was 14,844,943 of the 26,661,771 shares of the
Company’s common stock outstanding and entitled to vote at the
Annual Meeting as of the May 17, 2022 record date.
The voting results at the Annual Meeting are shown below:
Proposal
1—Election of Directors
Class III Nominees
|
|
Votes For
|
|
Votes Withheld
|
|
Broker Non-Votes
|
|
Richard Kang, Ph. D.
|
|
14,626,475
|
|
173,361
|
|
45,107
|
|
Michael Salsbury
|
|
14,599,358
|
|
199,468
|
|
46,117
|
|
Proposal
2—Ratification of Appointment of Independent Registered Public
Accounting Firm
Votes For
|
|
Votes Against
|
|
Votes Abstain
|
|
14,756,472
|
|
46,750
|
|
41,721
|
|
Proposal
3—Approval (on an advisory basis) of the compensation of the
Company’s named executive officers
Votes For
|
|
Votes Against
|
|
Votes Abstain
|
|
14,731,202
|
|
71,005
|
|
42,736
|
|
Proposal
4—Approval (on an advisory basis) of whether an advisory vote on
the compensation of the Company’s named executive officers should
occur once every one, two, or three years
One Year
|
|
Two Years
|
|
Three Years
|
|
Votes Abstain
|
|
1,090,264
|
|
43,232
|
|
13,672,472
|
|
38,975
|
|
Proposal
5—Approval of an amendment to the Company’s Certificate of
Incorporation to effect a reverse split of the Company outstanding
common stock at a ratio in the range of 1-for-5 to 1-for-35 to be
determined at the discretion of the Company’s Board of Directors,
whereby each outstanding 5 to 35 shares would be combined,
converted and changed into 1 share of the Company’s common
stock
Votes For
|
|
Votes Against
|
|
Votes Abstain
|
|
14,696,022
|
|
118,273
|
|
30,648
|
|
Proposal
6—Authorization of one or more adjournments of the Annual Meeting
to solicit additional proxies in the event there are insufficient
votes to approve Proposal 5
Votes For
|
|
Votes Against
|
|
Votes Abstain
|
|
14,635,583
|
|
166,359
|
|
43,001
|
|