Lantern Pharma Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2021 Annual Meeting of Stockholders held by Lantern Pharma Inc. on May 19, 2021. The company is incorporated in Delaware and trades on The Nasdaq Stock Market under the symbol LTRN.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The primary event reported is the election of six directors and the ratification of the independent auditor. All six nominees were elected to the board of directors. The voting results for the director elections were as follows:
| Director Nominee | For | Withheld | Broker Non-Vote |
|---|---|---|---|
| Donald Jeff Keyser | 5,273,502 | 24,983 | 2,428,972 |
| Panna Sharma | 5,273,437 | 25,048 | 2,428,972 |
| Vijay Chandru | 5,269,729 | 28,756 | 2,428,972 |
| Leslie W. Kreis, Jr. | 5,269,937 | 28,548 | 2,428,972 |
| Franklyn Prendergast | 4,755,115 | 543,370 | 2,428,972 |
| David S. Silberstein | 5,273,537 | 24,948 | 2,428,972 |
Stockholders also ratified the appointment of EisnerAmper LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021. The vote was 7,342,520 For, 228,292 Against, and 156,645 Abstain. There were no broker non-votes on this proposal.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Franklyn Prendergast received a significantly higher number of "Withheld" votes (543,370) compared to other nominees, who received between 24,948 and 28,756 withheld votes.
- All six director nominees were successfully elected despite the variation in withheld votes.
- The appointment of EisnerAmper LLP as the independent auditor was ratified with strong support.
- There were 2,428,972 broker non-votes recorded for each director election.