Post by icemandios on Oct 31, 2023 23:28:59 GMT
Explanatory Note
This Current Report on Form 8-K/A (this “ Amendment ”) is being filed as an amendment to the Current Report on Form 8-K filed by OPKO Health, Inc., a Delaware corporation (the “ Company ”), with the Securities and Exchange Commission on June 23, 2023 (the “ Original 8-K ”). The purpose of this Amendment is to update the disclosure under “Item 5.07 Submission of Matters to a Vote of Security Holders” of the Original 8-K to provide information regarding the determination of the Board of Directors of the Company (the “ Board ”) as to how frequently the Company will conduct future stockholder advisory votes on the compensation of the Company’s named executive officers. No other changes are being made to the Original 8-K.
ITEM 5.07.
Submission of Matters to a Vote of Security Holders.
Say-On-Frequency Determination
This Current Report on Form 8-K/A (this “ Amendment ”) is being filed as an amendment to the Current Report on Form 8-K filed by OPKO Health, Inc., a Delaware corporation (the “ Company ”), with the Securities and Exchange Commission on June 23, 2023 (the “ Original 8-K ”). The purpose of this Amendment is to update the disclosure under “Item 5.07 Submission of Matters to a Vote of Security Holders” of the Original 8-K to provide information regarding the determination of the Board of Directors of the Company (the “ Board ”) as to how frequently the Company will conduct future stockholder advisory votes on the compensation of the Company’s named executive officers. No other changes are being made to the Original 8-K.
ITEM 5.07.
Submission of Matters to a Vote of Security Holders.
Say-On-Frequency Determination
As previously reported, at the Annual Meeting of Stockholders of the Company held on June 22, 2023 (the “ Annual Meeting ”), the Company’s stockholders voted on, among other matters, a non-binding advisory vote regarding the frequency of future stockholder non-binding advisory votes on the compensation of the Company’s named executive officers. The frequency of one year received the highest number of votes cast by stockholders at the Annual Meeting. Based on these advisory vote results, the Board has determined that the Company will hold a stockholder non-binding advisory vote on executive compensation every year until the Board otherwise determines that a different frequency for such non-binding, advisory votes is in the best interest of the Company or until the next required vote on the frequency of such votes.
[Well, there was no option shorter than 1 year. But never mind that. What was voted by shareholders can be reversed "until the Board otherwise determines that a different frequency for such non-binding, advisory votes is in the best interest of the Company or until the next required vote on the frequency of such votes." Just in case you didn't understand how meaningless your vote is.]
