SAB Biotherapeutics Inc.

06/27/2024 | Press release | Distributed by Public on 06/27/2024 15:30

Submission of Matters to a Vote of Security Holders Form 8 K

Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 27, 2024, SAB Biotherapeutics, Inc., doing business as SAB BIO (the "Company" or "SAB"), held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The total number of shares of common stock entitled to vote at the Annual Meeting was 9,229,208, and there were 6,806,137 shares present in person or by proxy at the Annual Meeting, which represented approximately 73.40% of the outstanding shares entitled to vote at the Annual Meeting and which constituted a quorum for the transaction of business.

At the Annual Meeting, the shareholders voted to:

(1)
Elect Samuel J. Reich, Christine Hamilton and Eddie J. Sullivan as Class III directors to serve for a term of three years or until such director's successor is duly elected and qualified or until such director's earlier death, resignation, disqualification or removal.
(2)
Approve an amendment (the "Plan Amendment") to the 2021 Omnibus Equity Incentive Plan (as amended, the "Plan") to, among other things, (i) increase the maximum number of shares of common stock available to Plan participants thereunder by 3,900,000 shares to an aggregate of 5,500,000 shares, and (ii) increase the annual evergreen percentage increase as well as the maximum number of additional shares available for issuance pursuant to the annual evergreen increase.
(3)
Ratify the appointment of EisnerAmper LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024.

The voting results on these proposals were as follows:

Proposal 1: Election of three Class III directors

Director

Votes For

Withheld

Broker Non-Votes

Samuel J. Reich

5,080,387

420,707

1,305,043

Christine Hamilton

4,890,928

610,166

1,305,043

Eddie J. Sullivan

5,151,258

349,836

1,305,043

Proposal 2: Approval of Plan Amendment

Votes For

Votes Against

Abstentions

Broker Non-Votes

4,172,299

1,325,194

3,601

1,305,043

Proposal 3: Ratification of the appointment of EisnerAmper LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024

Votes For

Votes Against

Abstentions

6,779,831

13,530

12,776