BioVie Inc. 8-K Summary: 2021 Annual Meeting Results
Business Context and Reporting Period
This Form 8-K reports the results of BioVie Inc.'s 2021 Annual Meeting of Stockholders held on October 13, 2021. The company is incorporated in Nevada and its Class A Common Stock trades on the NASDAQ under the symbol BIVI.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
Stockholders voted on four primary matters:
- Election of Directors: All eight nominees were elected to one-year terms. Notable vote counts included Terren S. Peizer (20,445,440 For) and Richard J. Berman (20,302,945 For), with the remainder receiving over 20.8 million votes in favor.
- Approval of Auditors: Stockholders approved the appointment of EisnerAmper LLP as the independent registered public accounting firm for the 2022 fiscal year (22,674,262 For vs. 26,010 Against).
- Advisory Say-on-Pay: Stockholders approved the compensation of named executive officers (20,780,782 For vs. 27,943 Against).
- Frequency of Say-on-Pay: Stockholders voted to hold the advisory vote on executive compensation every three years (20,200,510 votes for the three-year option).
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items. The document serves solely to disclose the outcomes of the shareholder vote.
Key Facts for Investor Verification
- Confirmation that EisnerAmper LLP is the appointed auditor for fiscal year 2022.
- Verification that the company will now conduct Say-on-Pay votes on a three-year cycle.
- Review of the specific vote counts for directors Terren S. Peizer and Richard J. Berman, who received slightly lower "For" votes compared to other nominees.
- Confirmation of the total number of broker non-votes, which remained consistent at 1,865,518 for director elections and the Say-on-Pay frequency vote.