Arcadia Biosciences, Inc. (NASDAQ:RKDA) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Submission of Matters to a Vote of Security Holders.
Arcadia Biosciences, Inc. (NASDAQ:RKDA) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Submission of Matters to a Vote of Security Holders.
At the annual meeting of stockholders of Arcadia Biosciences, Inc. (the “Company”) held on June6, 2018 (the “Annual Meeting”), stockholders holding and entitled to vote 2,318,276 shares of common stock of the Company, or approximately 88.80% of the total outstanding shares of common stock on the record date for the Annual Meeting, were present in person or by proxy. At the Annual Meeting, the stockholders voted on the following two proposals, each of which is described in detail in the definitive proxy statement filed with the Securities and Exchange Commission on May 17, 2018.
The final results for each of the matters considered at the Annual Meeting were as follows:
PROPOSAL I: Election of Directors
Each of the director nominees was elected to serve as a Class III director until the Company’s annual meeting of stockholders in 2021, or until her successor is duly elected and qualified, or her earlier resignation, death, or removal. Due to plurality election, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable. The results of the election were as follows:
DIRECTOR NOMINEE |
FOR |
WITHHELD |
BROKERNON-VOTES |
Lilian Shackelford Murray |
1,771,316 |
3,748 |
543,212 |
Amy Yoder |
1,771,370 |
3,694 |
543,212 |
PROPOSAL II: Ratification of Selection of Independent Registered Public Accountants
The appointment of Deloitte& Touche LLP as the Company’s independent registered public accountants for the year ending December31, 2018, was ratified by the affirmative votes of the stockholders. There were no broker non-votes on this proposal. The results of the ratification were as follows:
FOR |
AGAINST |
ABSTAIN |
2,300,645 |
9,570 |
8,061 |
About Arcadia Biosciences, Inc. (NASDAQ:RKDA)
Arcadia Biosciences, Inc. is an agricultural biotechnology trait company. The Company develops a portfolio of yield and traits addressing multiple crops that supply the global food and feed markets. It has a pipeline of products in development incorporating its traits, including products that are in advanced stages of development or on the market. Its crop yield traits are utilized by its partners to develop higher yielding seeds for global crops, including wheat, rice, soybean, corn, and sugarcane, as well as for other crops, such as cotton, turf and trees. The Company’s portfolio of agricultural productivity traits includes Nitrogen Use Efficiency (NUE), Water Use Efficiency (WUE), Drought Tolerance (DT), Salinity Tolerance (ST) and Herbicide Tolerance. It has presence in the United States, Africa, India, the United Arab Emirates, Belgium, France and Canada.