Independent
Tenure on this board
10.1 yrs
1 nominee · 3 ballot items.
Stockholders will vote on the election of one Class II director, ratification of Wolf & Company P.C. as independent registered public accounting firm for fiscal 2027, and authorization to adjourn the Annual Meeting if necessary to solicit additional proxies.
Elect Alan Fisher as a Class II director for a three-year term expiring at the 2029 Annual Meeting of Stockholders.
Ratify the Audit Committee’s appointment of Wolf & Company P.C. as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2027.
Authorize the holders of proxies solicited by the board to adjourn the Annual Meeting, if necessary, to solicit additional proxies when there are insufficient votes to approve any proposal.
The proposal asks stockholders to authorize the board’s proxy holders to adjourn the Annual Meeting if the votes present are insufficient to approve any proposal. The stated purpose is to provide additional time to solicit proxies in favor of the pending matters. The authorization would apply to the Annual Meeting and any adjournments or postponements. The company expressly contemplates soliciting proxies from stockholders who previously voted against a proposal. If an adjournment is necessary, no additional notice would be required if the meeting lasts 30 days or less and no new record date is established. The adjourned meeting could transact any business that could have been conducted at the original meeting. Approval requires the affirmative vote of a majority of shares present in person or represented by proxy. Abstentions count against the proposal, while broker non-votes and failures to vote have no effect. The board unanimously recommends voting for the proposal because it preserves flexibility to obtain sufficient shareholder support for the agenda items.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Lynx1 Capital Management LP | 16.20% | 875,328 | $4M |
| 2 | AdvisorShares Investments LLC | 2.87% | 155,367 | $632K |
| 3 | Shay Capital LLC | 2.79% | 151,010 | $615K |
| 4 | BALYASNY ASSET MANAGEMENT L.P. | 2.63% | 142,183 | $579K |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 1.82% | 98,516 | $401K |
| 6 | Squadron Capital Management LLC | 1.42% | 76,728 | $312K |
| 7 | Ikarian Capital, LLC | 0.88% | 47,443 | $193K |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 0.80% | 43,231 | $176K |
| 9 | VANGUARD FIDUCIARY TRUST CO | 0.62% | 33,589 | $137K |
| 10 | ADAR1 Capital Management, LLC | 0.56% | 30,000 | $122K |
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