Femasys Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the Annual Meeting of Stockholders held on June 8, 2022. Femasys Inc. (FEMY), a Delaware corporation listed on The Nasdaq Stock Market, is classified as an emerging growth company.
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 results.
Material Changes and Voting Results
Stockholders representing approximately 53.6% of total outstanding shares (6,336,764 shares) participated in the meeting. Two proposals were approved:
- Proposal One (Election of Directors): Stockholders elected two Class I directors for three-year terms expiring in 2025.
- John Adams, Jr.: 4,152,558 votes for; 522,628 votes withheld; 1,661,578 broker non-votes.
- Edward Uzialko, Jr.: 4,590,895 votes for; 84,291 votes withheld; 1,661,578 broker non-votes.
- Proposal Two (Ratification of Auditors): Stockholders ratified the appointment of KPMG LLP as the independent registered accounting firm for the fiscal year ending December 31, 2022.
- Votes For: 6,283,144
- Votes Against: 51,801
- Abstentions: 1,819
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management commentary on future outlook, specific risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Attendance at the Annual Meeting was approximately 53.6% of eligible shares.
- Both director nominees received significant support, though John Adams, Jr. had a higher number of votes withheld compared to Edward Uzialko, Jr.
- KPMG LLP was ratified as the auditor with over 99% of voting shares in favor.
- The company maintains its status as an emerging growth company.