Form 8-K - Current report
December 18 2023 - 3:15PM
Edgar (US Regulatory)
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0001574094
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2023-12-18
2023-12-18
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 18, 2023 (December 15, 2023)
RenovoRx,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-40738 |
|
27-1448452 |
(State
or other Jurisdiction
of
Incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
4546
El Camino Real, Suite B1
Los
Altos, CA 94022
(650)
284-4433
(Address
and telephone number, including area code, of registrant’s principal executive offices)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act: None.
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
5.07. Submission of Matters to a Vote of Security Holders.
On
December 15, 2023, RenovoRx, Inc. (the “Company”) held a special meeting of its stockholders (the “Special Meeting”).
At the Special Meeting, the Equity Issuance Proposal (as defined below) was approved.
As
of November 21, 2023 (the “Record Date”), there were 10,693,580 shares of common stock (the “Common Stock”),
of the Company issued and outstanding and entitled to vote at the Special Meeting. At the Special Meeting, a total of 5,087,812 shares
of Common Stock, representing approximately 47.58% of the issued and outstanding shares of the Common Stock, were present in person or
by proxy, constituting a quorum for the Special Meeting.
At
the Special Meeting, the following proposals were made for the Company’s stockholders’ consideration:
(1)
The Equity Issuance Proposal – a proposal in accordance with Nasdaq Marketplace Rule 5635(d) (“Rule 5635(d)”)
to approve the issuance of shares of the Company’s Common Stock, or securities convertible into Company Common Stock, representing
more than 20% of Common Stock outstanding, in one or more non-public offerings where the maximum discount at which securities will be
offered will be equivalent to a discount of up to 10% below the market price of our Common Stock. The following is a tabulation of the
votes with respect to the Equity Issuance Proposal, which was approved by the Company’s stockholders:
For |
|
Against |
|
Abstain |
4,747,833 |
|
336,779 |
|
3,200 |
(2)
The Adjournment of Meeting Proposal – a proposal to adjourn the Special Meeting to a later date or dates, if necessary,
to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not
sufficient votes to approve the Equity Issuance Proposal.
The
Adjournment of Meeting Proposal was not acted upon at the Special Meeting, because there were sufficient votes to approve the Equity
Issuance Proposal.
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.
|
RenovoRx,
Inc. |
|
|
|
Date:
December 18, 2023 |
By: |
/s/
Shaun Bagai |
|
Name: |
Shaun R. Bagai |
|
Title:
|
Chief Executive Officer |
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