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Stock impact report

NRx Pharmaceuticals Announces Results of the Vote Held During the Special Meeting of Shareholders [Yahoo! Finance]

NRX Pharmaceuticals, Inc. (NRXP) 
Company Research Source: Yahoo! Finance
RADNOR, Pa. March 21, 2024 /PRNewswire/ -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP) ("NRx Pharmaceuticals", the "Company"), a clinical-stage biopharmaceutical company, today announced the results of the vote held during today's Special Meeting of Shareholders. The meeting was called to vote on a proposal to give the Company's Board of Directors authority to effect a reverse stock split of all of the outstanding shares of NRx common stock at a ratio in the range of 1-for-2 to 1-for-15, with such ratio to be determined by the Board in its discretion and included in a public announcement, at a later date. Despite an active campaign by internet agents to suppress the vote, 61.4% (56,781,354) of all eligible shares were voted, with 94.4% (53,597,974) of votes cast in favor of the proposal. "We deeply appreciate and respect the support of our shareholder base and look forward to continuing to bring hope to life," said Jonathan Javitt , MD, MPH, Founder, Chairman, and Chief Scientist of Show less Read more
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