Aethlon Medical Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 13, 2025, Aethlon Medical, Inc. (the “Company”) held a Special Meeting of Stockholders (the “Special Meeting”) in a virtual format. At the close of business on March 27, 2025, the record date for the Special Meeting, there were 16,061,096 shares of Company common stock issued and outstanding, which constituted all of the issued and outstanding capital stock of the Company as of the record date. At the Special Meeting, 6,227,778 of the Company’s 16,061,096 shares of common stock entitled to vote as of the record date, or approximately 38.78%, were represented by proxy or in person (virtually), and, therefore, a quorum was present.
The proposals voted on at the Special Meeting are more fully described in the Company’s Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) filed by the Company with the Securities and Exchange Commission on April 18, 2025, which information is incorporated herein by reference.
The final voting results on the proposals presented for stockholder approval at the Special Meeting were as follows:
Proposal No. 1: To approve, pursuant to Nevada Revised Statutes 78.2055, a reverse stock split of our common stock at a ratio in the range of 1-for-5 to 1-for-12, with such ratio to be determined in the discretion of our Board of Directors and with such reverse stock split to be effected at such time and date as determined by our Board of Directors in its sole discretion (but in no event later than May 13, 2026):
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 3,493,733 | 2,645,768 | 88,277 | – |
Proposal No. 2: To approve the issuance of shares of common stock upon exercise of the warrants to purchase common stock (the “Inducement Warrants”) issued in a private placement, and to approve the Reset of Exercise Price provision contained in the Inducement Warrants:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 941,724 | 186,801 | 20,721 | – |
Proposal No. 3: To approve the adjournment of the Special Meeting to another place, or a later date or dates, if necessary or appropriate, to solicit additional proxies in the event we have not received sufficient votes in favor of any of the foregoing proposals:
| Votes For |
Votes Against |
Abstentions | Broker Non-Votes | |||
| 5,083,490 | 1,064,163 | 80,125 | – |
Although Proposal No. 3 was approved by the Company’s stockholders, the chair of the Special Meeting did not elect to adjourn the meeting, as all of the foregoing proposals were also approved.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: May 13, 2025 | Aethlon Medical, Inc. | |
| By: | /s/ James B. Frakes | |
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Name:
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James B. Frakes Chief Executive Officer and Chief Financial Officer | |
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