UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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| Item 5.07 | Submission of Matters to a Vote of Security Holders |
Acorda Therapeutics, Inc. (the “Company”) convened a Special Meeting of Stockholders on November 4, 2022 (the “Special Meeting”) for the purposes described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on September 22, 2022 and the supplement to the proxy statement filed by the Company on October 7, 2022 (together, the “Proxy Statement”). As reported in the Company’s Current Report on Form 8-K filed on November 4, 2022 (the “Prior Form 8-K”), the Special Meeting was adjourned until November 11, 2022 in order to allow additional time for the Company’s stockholders to vote on Proposal Two, as described below.
On November 11, 2022, the Special Meeting was reconvened. Of the 24,338,410 shares of the Company’s common stock outstanding as of September 9, 2022 (the “Record Date”), 17,864,680 shares, or 73.4%, were represented in person or by proxy at the reconvened Special Meeting. At the reconvened Special Meeting, the Company’s stockholders approved Proposal Two. The final voting results for Proposal Two, as described in the Proxy Statement, are set forth below. The final voting results for Proposal Three were disclosed in the Prior Form 8-K.
Proposal Two: Reverse Stock Split Proposal
The Company’s stockholders approved a proposal to authorize the Company’s board of directors to approve an amendment and restatement of the Company’s certificate of incorporation to effect a reverse stock split of the Company’s common stock by a ratio of any whole number in the range of 1-for-2 to 1-for-20, and a corresponding reduction in the number of authorized shares of the Company’s common stock, within one year following the conclusion of the Special Meeting. The Company’s stockholders approved Proposal Two by the following vote:
| Votes For |
Votes Against |
Abstentions | ||
| 12,479,335 | 5,300,827 | 84,518 |
| Item 8.01 | Other Events |
On November 11, 2022, the Company issued a press release announcing the results of the Special Meeting. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K, and incorporated by reference into this Item.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit |
Description | |
| 99.1 | Press Release dated November 11, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Acorda Therapeutics, Inc. | ||||||
| November 14, 2022 | By: | /s/ Michael Gesser | ||||
| Name: | Michael Gesser | |||||
| Title: | Chief Financial Officer and Treasurer | |||||