Niagen Bioscience Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$NAGE
Medicinal Chemicals and Botanical Products
Health Care
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): June 24, 2025
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Approval of Amendment to 2017 Equity Incentive Plan
At the Annual Meeting of Stockholders (the “Annual Meeting”) of Niagen Bioscience, Inc. (the “Company”) held on June 24, 2025, the stockholders of the Company, upon recommendation of the Company’s Board of Directors (the “Board”), approved an amendment (the “Plan Amendment”) to the Company’s Amended 2017 Equity Incentive Plan (the “2017 Plan”). The Plan Amendment increases the number of shares of the Company’s common stock (“Shares”) available for issuance under the 2017 Plan by an additional 4,750,000 Shares. Other than increasing the Shares available for issuance under the 2017 Plan by these additional Shares, no material changes were made to the 2017 Plan as a result of the Plan Amendment.
For further description of the terms and conditions of the 2017 Plan as amended by the Plan Amendment, see “Proposal 4 - Approval of the amendment to the Company’s 2017 Equity Incentive Plan to increase the number of shares available for issuance by 4.75 million shares of common stock” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 29, 2025 (the “Proxy Statement”), which description is incorporated herein by reference. The foregoing description of the Plan Amendment and the 2017 Plan, including the description contained in the Proxy Statement, does not purport to be complete and is qualified in its entirety by reference to the 2017 Plan as amended by the Plan Amendment, itself, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Approval of Employee Stock Purchase Plan
At the Annual Meeting, the Company’s stockholders, upon recommendation of the Board, approved the Niagen Bioscience, Inc. Employee Stock Purchase Plan (the “ESPP”). The ESPP allows for officers and employees to purchase Shares through payroll deductions of a participant’s eligible compensation. Shares are purchased under the ESPP at a discount to the market price of the Shares equal to 85% of the lesser of (i) the closing price of a Share on the purchase date, or (ii) the closing price of a Share on the offering date. Subject to adjustment, the total number of Shares available for issuance under the ESPP is 650,000 Shares.
For further description of the terms and conditions of the ESPP, see “Proposal 5 - Approval of the Company’s Employee Stock Purchase Plan” in the Proxy Statement, which description is incorporated herein by reference. The foregoing description of the ESPP, including the description contained in the Proxy Statement, does not purport to be complete and is qualified in its entirety by reference to the ESPP itself, a copy of which is filed as Exhibit 10.2 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.
Set forth below are the results of the matters submitted for a vote of stockholders at the Company’s 2025 Annual Meeting.
Proposal 1 — Election of directors.
The following directors were elected to serve until the Company’s 2026 Annual Meeting of Stockholders and until his or her successor is elected, or, if sooner, until such director’s death, resignation or removal.
| Director Elected | For | Withheld | Broker Non-Votes | |||||||||||||||||
| Frank L. Jaksch Jr. | 55,702,257 | 414,305 | 9,590,210 | |||||||||||||||||
| Robert Fried | 55,727,380 | 389,182 | 9,590,210 | |||||||||||||||||
| Steven Rubin | 43,688,502 | 12,428,060 | 9,590,210 | |||||||||||||||||
| Wendy Yu | 55,228,815 | 887,747 | 9,590,210 | |||||||||||||||||
| Gary Ng | 55,782,912 | 333,650 | 9,590,210 | |||||||||||||||||
| Kristin Patrick | 54,799,493 | 1,317,069 | 9,590,210 | |||||||||||||||||
| Ann Cohen | 55,714,463 | 402,099 | 9,590,210 | |||||||||||||||||
| Hamed Shahbazi | 51,874,556 | 4,242,006 | 9,590,210 | |||||||||||||||||
Proposal 2 — Ratification of the appointment of Crowe LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 63,361,639 | 2,306,056 | 39,077 | — | |||||||||||||||||
* No broker non-votes arose in connection with Proposal 2.
Proposal 3 — Approval, on an advisory basis, of the compensation paid to the Company’s named executive officers.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 54,899,483 | 1,160,619 | 56,460 | 9,590,210 | |||||||||||||||||
Proposal 4 — Approval of amendment to the Company’s 2017 Equity Incentive Plan to increase the number of shares available for issuance by 4.75 million shares of common stock.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 53,046,229 | 2,979,063 | 91,270 | 9,590,210 | |||||||||||||||||
Proposal 5 — Approval of the Company’s Employee Stock Purchase Plan.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 55,668,384 | 366,758 | 81,420 | 9,590,210 | |||||||||||||||||
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description | |||||||
| 10.1 | ||||||||
| 10.2 | ||||||||
| 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.
| CHROMADEX CORPORATION | ||||||||
| Dated: June 27, 2025 | By: | /s/ Ozan Pamir | ||||||
| Name: Ozan Pamir | ||||||||
| Chief Financial Officer | ||||||||