VERU INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated June 27, 2024, covers the reconvened 2024 Annual Meeting of Shareholders for VERU INC. The meeting was originally adjourned on June 18, 2024, and reconvened to finalize the election of directors.
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 and shareholder voting results.
Material Changes and Voting Results
The sole matter submitted to a vote was the election of directors. A total of 146,381,186 shares were eligible to vote, with 77,933,668 shares present or represented by proxy, establishing a quorum. All six nominated directors were elected. The voting breakdown was as follows:
| Director Name | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Mitchell S. Steiner | 75,509,396 | 2,424,272 | 0 |
| Mario Eisenberger | 71,473,307 | 6,460,361 | 0 |
| Harry Fisch | 76,388,868 | 1,544,800 | 0 |
| Lucy Lu | 62,897,925 | 15,035,743 | 0 |
| Michael L. Rankowitz | 63,804,466 | 14,129,202 | 0 |
| Grace Hyun | 64,168,941 | 13,764,727 | 0 |
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
- All six director nominees were successfully elected to the Board of Directors.
- Lucy Lu received the highest number of withheld votes (15,035,743) among the nominees.
- Harry Fisch received the highest number of votes in favor (76,388,868).
- There were zero broker non-votes recorded for any director nominee.
- The meeting achieved a quorum with approximately 53% of eligible shares present or represented.