AGM/EGMApr 27, 2026, 06:08 AM
MTVA Proposes 1-for-5 to 1-for-22 Reverse Stock Split
AI Summary
MetaVia Inc. will hold its 2026 Annual Meeting of Stockholders virtually on June 8, 2026. Key proposals include the election of two Class I directors and the ratification of BDO USA, P.C. as the independent auditor. Stockholders will also vote on a significant proposal to effect a reverse stock split of common stock at a ratio between 1-for-5 and 1-for-22, and to increase the aggregate number of shares available under the 2022 Equity Incentive Plan by 200,000 shares. The Board unanimously recommends voting "FOR" all proposals.
Key Highlights
- Annual Meeting to be held virtually on Monday, June 8, 2026, at 10:00 a.m. Eastern Time.
- Proposal to elect two Class I directors for a three-year term until the 2029 annual meeting.
- Proposal to ratify BDO USA, P.C. as the independent registered public accounting firm for 2026.
- Proposal to approve a reverse stock split of common stock at a ratio of 1-for-5 to 1-for-22.
- Proposal to increase shares for the 2022 Equity Incentive Plan by 200,000 shares.
- Board of Directors unanimously recommends voting "FOR" all proposals.