Palisade Bio, Inc. announced on September 18, 2025, that its special meeting of stockholders was convened and adjourned without conducting any business due to a lack of the required quorum. A quorum necessitates one-third of the outstanding shares entitled to vote.
Fewer than one-third of the outstanding shares were present, either in person or by proxy, at the meeting. The meeting was adjourned to allow additional time for stockholders to vote on the proposals outlined in the definitive proxy statement.
The special meeting is scheduled to reconvene on Friday, September 26, 2025, at 10:00 a.m. Pacific Time. The company is actively soliciting votes from its stockholders to achieve the required quorum.
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