VXRT - Vaxart extends time for shareholders to vote on proposal to increase number of shares
- Vaxart's ( NASDAQ: VXRT ) board of directors has decided to extend a vote on increasing the number of common shares to garner more votes.
- At a Jul 6 shareholder meeting, votes cast to that point on the measure were 81% in favor representing 48.5% of all outstanding shares in favor. The board decided to adjourn the meeting to Aug. 4 so that additional votes can be gathered.
- Bret Jensen, author of the Biotech Forum, calls the investment case for Vaxart ( VXRT ) as "incomplete."
For further details see:
Vaxart extends time for shareholders to vote on proposal to increase number of shares