Rockwell Medical Determines Medical Resource Acquisition Group’s Director Nominations Are Invalid
Rockwell Medical, Inc. (RMTI)
Last rockwell medical, inc. earnings: 3/12 04:05 pm
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Source: GlobeNewswire
WIXOM, Mich., March 11, 2020 (GLOBE NEWSWIRE) -- Rockwell Medical, Inc. (NASDAQ:RMTI) (“Rockwell Medical” or the “Company”), a biopharmaceutical company dedicated to transforming anemia management and improving outcomes for patients around the world, today announced that its Board of Directors has determined that Medical Resource Acquisition Group LLC (MRAG) failed to properly deliver a notice of director nominations under the Company’s Bylaws within the prescribed advance notice period. As such, their three director nominees will not stand for election at the 2020 annual meeting of stockholders. Based on public records, MRAG is an entity that came into existence only three weeks ago and the Company is not aware of it having any operating history. Nor has the Company been able to locate any filings made by it with securities regulators. Neither MRAG nor Mr. Shroff are stockholders of record, a pre-requisite under our Bylaws to submit director nominations. MRAG has a website that th
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RMTI
News
- Rockwell Medical, Inc. (NASDAQ: RMTI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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- Results: Rockwell Medical, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates [Yahoo! Finance]Yahoo! Finance
- Rockwell Medical, Inc. (NASDAQ: RMTI) was upgraded by analysts at RODMAN&RENSHAW to a "strong-buy" rating.MarketBeat
RMTI
Earnings
- 11/12/24 - Beat
RMTI
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- 11/13/24 - Form 8-K
- RMTI's page on the SEC website