POLARITYTE, INC. (NASDAQ:COOL) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders.

The 2017 Special Meeting of the Stockholders (the Special
Meeting) of PolarityTE, Inc. (the Company) was held on March 10,
2017. A total of 3,369,498 shares of common stock, including
shares of common stock underlying shares of outstanding preferred
stock entitled to vote, constituting a quorum, were present and
accounted for at the Special Meeting. At the Special Meeting, the
Companys stockholders voted upon the following proposals:

(1) To approve, in accordance with NASDAQ Listing Rule 5635, the
securities issued to Dr. Denver Lough, the owner of 100% of the
issued and outstanding shares of capital stock of PolarityTE,
Inc., a Nevada corporation (the Seller), under the Agreement and
Plan of Reorganization dated December 1, 2016, as amended on
December 16, 2016, whereby the Company will acquire certain
intellectual property rights owned by the Seller (the
Intellectual Property) and the transactions contemplated
thereunder, including the issuance of 7,050 shares of the
Companys newly designated Series E Preferred Stock convertible
into an aggregate of 7,050,000 shares of the Companys common
stock (the Merger Consideration) as consideration for the
Intellectual Property;

The proposal was approved and the votes were cast as follows:

(2) To approve a change in control in accordance with NASDAQ
Listing Rule 5635 that will result from the issuance of the
Merger Consideration to the Seller as consideration for the
Intellectual Property acquisition;

The proposal was approved and the votes were cast as follows:

(3) To approve the Companys 2017 Equity Incentive Plan and the
reservation of 3,450,000 shares of common stock for issuance
thereunder; and

The proposal was approved and the votes were cast as follows:

(4) To approve an amendment to the Companys Restated Certificate
of Incorporation, as amended, to increase the authorized number
of shares of the Companys blank check preferred stock from
10,000,000 shares to 25,000,000 shares.

The proposal was approved and the votes were cast as follows:

As of the record date for the Special Meeting, 4,251,067 shares
of common stock and 732,613 shares of common stock underlying
outstanding shares of Series A Preferred Stock, Series B
Preferred Stock and Series C Preferred Stock were issued and
outstanding and entitled to vote.

About POLARITYTE, INC. (NASDAQ:COOL)

PolarityTE, Inc., formerly Majesco Entertainment Company, is a technology company. The Company has developed, marketed, published and distributed software through online platforms. The Company develops applications for gaming on computers, handheld devices and game consoles. The Company is the owner of patent applications and know-how related to regenerative medicine and tissue engineering, as well as software applications used in diagnosis and treatment related to regenerative medicine. It seeks to develop and obtain regulatory approval for technology that will utilize a patient’s own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves. Its PolarityTE platform simplifies regeneration and allows cells to function naturally. The platform can be applied across all cells, tissues and composite structures. Its platform induces cell and tissue polarity, and creates functional tissue that mirrors natural development in the human body.

POLARITYTE, INC. (NASDAQ:COOL) Recent Trading Information

POLARITYTE, INC. (NASDAQ:COOL) closed its last trading session up +0.72 at 7.50 with 44,742 shares trading hands.