Precipio 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 June 21, 2024, Precipio, Inc. (the “Company”) reconvened its Annual Meeting of stockholders which was originally scheduled for June 13, 2024 for the purpose of holding a stockholder vote (the “Annual Meeting”). At the Annual Meeting, the stockholders of the Company voted:
| 1. | to elect Kathleen D. LaPorte and Ron A. Andrews as Class III directors for terms to expire in 2027; |
| 2. | to hold an advisory (non-binding) vote to approve named executive compensation; |
| 3. | to ratify the appointment of Marcum LLP as our independent registered public accounting firm for the year ending December 31, 2024. |
The proposals are described in detail in the Company’s definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on April 29, 2024.
The number of shares of common stock entitled to vote at the Annual Meeting was 1,469,540. The number of shares of common stock present or represented by valid proxy at the Annual Meeting was 778,762 representing 52.99% of the total number of outstanding shares of the Company. Proposals 1, 2 and 3 submitted to a vote of the Company’s stockholders at the Annual Meeting were approved.
The votes cast with respect to each matter voted upon are set forth below.
Proposal 1: proposal to elect Kathleen D. LaPorte and Ron A. Andrews as Class III directors for terms to expire in 2027 as set forth in the Proxy Statement, was as follow:
| Votes For | Votes Against | Withheld | Brokers Non-Votes | |
| Total Shares Voted | 402,728 | 0 | 15,070 | 360,964 |
Kathleen D. LaPorte
| Votes For | Votes Against | Withheld | ||
| Total Shares | 367,563 | 0 | 50,235 |
Ron A. Andrews
| Votes For | Votes Against | Withheld | ||
| Total Shares | 401,564 | 0 | 16,234 |
Proposal 2: proposal to hold an advisory (non-binding) vote to approve named executive compensation as set forth in the Proxy Statement, was as follows:
| Votes For | Votes Against | Abstain | Brokers Non-Votes | |
| Total Shares | 386,943 | 25,315 | 5,540 | 360,964 |
Proposal 3: proposal to ratify the appointment of Marcum LLP as our independent registered public accounting firm for the year ending December 31, 2024 as set forth in the Proxy Statement, was as follow.
| Votes For | Votes Against | Abstain | ||
| Total Shares Voted | 735,339 | 42,463 | 960 |
SIGNATURE
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.
| PRECIPIO, INC. | ||
| By: | /s/ Ilan Danieli | |
| Name: | Ilan Danieli | |
| Title: | Chief Executive Officer | |
| Date: | June 25, 2024 |