Business Context and Reporting Period
This Form 8-K Current Report from Inmune Bio, Inc. (INMB) covers the Annual Meeting of Stockholders held on July 19, 2024. The filing details the results of shareholder votes on director elections and auditor ratification.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It is a corporate governance report regarding shareholder voting outcomes.
Material Changes and Voting Results
Proposal One: Election of Directors
Stockholders elected five nominees to the Board of Directors. A sixth nominee, Edgardo Baracchini, resigned prior to the vote. The voting results were as follows:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Raymond J. Tesi, MD | 9,947,830 | 516,892 | 4,069,201 |
| J. Kelly Ganjei | 9,627,979 | 836,743 | 4,069,201 |
| Tim Schroeder | 9,908,788 | 555,934 | 4,069,201 |
| Scott Juda, JD | 9,950,069 | 514,653 | 4,069,201 |
| Marcia Allen | 9,477,214 | 987,508 | 4,069,201 |
Proposal Two: Ratification of Independent Auditor
Stockholders approved the ratification of Marcum LLP as the independent auditor for the fiscal year ending December 31, 2024.
- Votes For: 14,504,668
- Votes Against: 7,406
- Abstentions: 21,849
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is limited to reporting the mechanics and results of the shareholder vote.
Key Facts for Investor Verification
- Board Composition Change: Verify the resignation of Edgardo Baracchini and the final composition of the Board following the election of the five remaining nominees.
- Auditor Confirmation: Confirm that Marcum LLP is officially engaged for the fiscal year ending December 31, 2024.
- Voting Participation: Note the significant number of broker non-votes (over 4 million) on the director election, which may indicate shares held in street name where brokers lacked discretionary voting power.
- Emerging Growth Company Status: The company is identified as an emerging growth company, which may affect its financial reporting requirements.