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0 0 0.00188857412653459 0.000944287063267213 -0.00283286118980164 -0.00188857412653443 0.000944287063267213 -0.000944287063267213
Stock impact report

ILJIN SNT Co., Ltd. Announces Its Intention to Vote Against Aurinia Pharmaceuticals's Revised Equity Incentive Plan Proposal [Yahoo! Finance]

Aurinia Pharmaceuticals Inc - Common Shares (AUPH) 
Last aurinia pharmaceuticals inc - common shares earnings: 3/5 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.auriniapharma.com
Company Research Source: Yahoo! Finance
ILJIN SNT Co., Ltd. (" ILJIN ") is a long-standing investor of Aurinia Pharmaceuticals Inc. (" Aurinia " or the " Company "), and, together with its affiliates, currently holds more than 5% of Aurinia's common stock. As one of the Company's largest and longest-standing shareholders, ILJIN would like to share its views regarding the Company's issuance of excessive amounts of RSUs to its executives and Board members. No doubt this is against the wishes of many Aurinia shareholders concerned about the Company's future. As you know, Company management recently revised its proposed amendment to the "Equity Incentive Plan" in Proposal 4 of the Proxy Statement/Circular, so now the number of new "Plan Shares" is reduced to 8,500,000 shares from the previous 11,375,000 shares. As we indicated in our previous letters to fellow shareholders, ILJIN has grave concerns about the Company's Equity Incentive Plan. In short, to ILJIN, the stock award plan does not appear to function effectively as Show less Read more
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