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    Inhibikase Therapeutics Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    1/6/25 6:06:00 AM ET
    $IKT
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care
    Get the next $IKT alert in real time by email
    8-K
    false 0001750149 --12-31 0001750149 2025-01-03 2025-01-03

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): January 3, 2025

     

     

    INHIBIKASE THERAPEUTICS, INC.

    (Exact Name of Registrant as Specified in its Charter)

     

     

     

    Delaware   001-39676   26-3407249

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

    3350 Riverwood Parkway SE, Suite 1900  
    Atlanta, Georgia   30339
    (Address of Principal Executive Offices)   (Zip Code)

    Registrant’s Telephone Number, Including Area Code: (678) 392-3419

    N/A

    (Former Name or Former Address, if Changed Since Last Report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

      ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

      ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

      ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

      ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading
    Symbol(s)

     

    Name of each exchange

    on which registered

    Common Stock, $0.001 par value   IKT   The Nasdaq Stock Market LLC

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☒

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     


    Item 5.03.

    Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Years.

    A Special Meeting of Stockholders (the “Special Meeting”) of Inhibikase Therapeutics, Inc. (the “Company”) was held on January 3, 2025. As further described in Item 5.07 to this Current Report on Form 8-K, at the Special Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) to increase the number of the Company’s authorized shares of common stock from 100,000,000 shares to 500,000,000 shares and eliminate the 66 2/3% affirmative vote requirement for amendments to Section 1 of Article IV thereof, as described in the Company’s definitive proxy statement filed on November 18, 2024 with the Securities and Exchange Commission under Section 14(a) of the Securities Exchange Act of 1934, as amended. The Certificate of Amendment was previously approved by the Company’s board of directors, subject to approval by the Company’s stockholders.

    On January 3, 2025, the Company filed the Certificate of Amendment with the Secretary of State of the State of Delaware and the Certificate of Amendment became effective upon filing.

    The foregoing description of the Certificate of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Certificate of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.

     

    Item 5.07.

    Submission of Matters to a Vote of Security Holders.

    The Special Meeting was held on January 3, 2025. The following proposals were approved at the Special Meeting by the votes indicated:

    Proposal One: To approve an amendment to Section 1 of Article IV of the Company’s Amended and Restated Certificate of Incorporation to increase the number of the Company’s authorized shares of common stock from 100,000,000 shares to 500,000,000 shares.

     

         Total Votes  

    For

         62,498,487  

    Against

         377,109  

    Abstain

         7,970  

    Broker Non-Votes

         0  

    Proposal Two: To approve an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of authorized shares of common stock reserved for issuance by 27,453,993 shares.

     

         Total Votes  

    For

         59,536,802  

    Against

         517,770  

    Abstain

         3,623  

    Broker Non-Votes

         2,825,372  

    Proposal Three: To approve the repricing of certain outstanding stock options.

     

         Total Votes  

    For

         59,274,474  

    Against

         779,218  

    Abstain

         4,503  

    Broker Non-Votes

         2,825,372  


    Proposal Four: To approve an amendment to Article XII of the Company’s Amended and Restated Certificate of Incorporation to eliminate the 66 2/3% affirmative vote requirement for amendments to Section 1 of Article IV thereof.

     

         Total Votes  

    For

         59,852,638  

    Against

         189,673  

    Abstain

         15,884  

    Broker Non-Votes

         2,825,372  

    No other matters were submitted to or voted on by the Company’s stockholders at the Special Meeting.

     

    Item 9.01.

    Financial Statements and Exhibits.

    (d) Exhibits.

     

    Number

      

    Description

    3.1    Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Registrant.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


    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: January 6, 2025     INHIBIKASE THERAPEUTICS, INC.
        By:  

    /s/ Milton H. Werner, Ph.D.

          Milton H. Werner, Ph.D.
          President and Chief Executive Officer
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