AGM/EGMJun 8, 2026, 04:07 PM
MetaVia Stockholders Approve Reverse Split & Equity Plan Increase
AI Summary
MetaVia Inc. held its 2026 virtual annual meeting where stockholders approved several key proposals. These included a reverse stock split with a ratio between 1-for-5 and 1-for-22, and an increase of 200,000 shares to the 2022 Equity Incentive Plan. Additionally, two Class I directors were elected, and the appointment of BDO USA, P.C. as the independent auditor for 2026 was ratified.
Key Highlights
- Stockholders approved a reverse stock split with a ratio range of 1-for-5 to 1-for-22.
- Stockholders approved an increase of 200,000 shares to the 2022 Equity Incentive Plan.
- D. Gordon Strickland and James P. Tursi, M.D. were elected as Class I directors until the 2029 annual meeting.
- The appointment of BDO USA, P.C. as the independent registered public accounting firm for 2026 was ratified.
- Stockholders approved the adjournment of the Annual Meeting to solicit additional proxies if needed for Proposals 3 and 4.
Price Impact
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