Item 5.07 Submission of Matters to a Vote of Security Holders.
As previously announced, on
On
As of
The number of votes cast for and against, as well as abstention votes and broker non-votes, as applicable, with respect to each proposal presented at the Special Meeting was as follows:
Proposal No. 1 - Adoption of the Merger Agreement.
The stockholders approved the adoption of the Merger Agreement as follows:
FOR AGAINST ABSTAIN 3,238,824 304,509 2,697
Proposal No. 2 - Approval on a non-binding advisory basis of the certain compensation that will or may become payable to the Company's named executive officers in connection with the Merger.
The stockholders approved, on non-binding advisory basis, the certain compensation that will or may become payable to the Company's named executive officers in connection with the Merger as follows:
FOR AGAINST ABSTAIN 2,846,362 603,221 96,447
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Proposal No. 3 - Approval of the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to adopt the Merger Agreement.
The stockholders approved the proposal to adjourn the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to adopt the Merger Agreement as follows:
FOR AGAINST ABSTAIN 3,184,106 344,627 17,297
However, because Proposal No. 1 to adopt the Merger Agreement was approved, the adjournment of the Special Meeting was not necessary to continue to solicit additional proxies and, accordingly, the Special Meeting was not adjourned.
Based on the results of the Special Meeting, and subject to the satisfaction or
waiver of certain other closing conditions that by their nature are to be
satisfied at the closing of the Merger, as described in the Merger Agreement,
the closing of the Merger is expected to take place as soon as practicable on a
date no later than
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