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Stock impact report

NovaBay Pharmaceuticals Announces the Further Adjournment of the Special Meeting of Stockholders [Yahoo! Finance]

NovaBay Pharmaceuticals, Inc. (NBY) 
NASDAQ:AMEX Investor Relations: novabay.com/investors
Company Research Source: Yahoo! Finance
January 16, 2025, to allow more time for stockholders to vote on two proposals. Proposal One is for the sale of the company's main asset, Avenova, and Proposal Two is for the liquidation and dissolution of the company. Although 89.3% and 88.2% of voted shares support the proposals, respectively, the company needs 50% of all outstanding shares to approve each proposal. Stockholders who have not yet voted are encouraged to do so by January 15, 2025. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Reconvened meeting adjourned due to insufficient votes to reach the 50% threshold of outstanding common shares voting in favor of Proposal One and Proposal Two Stockholders who have not voted are strongly encouraged to vote FOR Proposal One and FOR Proposal Two at the Special Meeting to Show less Read more
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