Company: BGLC
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0001477932-25-001335
Chunk: 8

Company: BioNexus Gene Lab Corp
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 8
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 but does not indicate a vote for a particular proposal because the broker or other nominee either does not have the authority to vote on that proposal and has not received voting instructions from you, or has discretionary authority but chooses not to exercise it. Abstentions and broker non-votes are counted as present for purposes of determining the presence or absence of a quorum for the transaction of business. However, because brokers have discretionary authority to vote on each proposal, we do not expect any broker non-votes in connection with the two proposals.

Vote Required for Each Proposal

The voting requirements for each of the Proposals under consideration at the Special Meeting to be approved, and the effect of abstentions and broker non-votes on each Proposal, are as follows:

| Proposal                        | Voting Approval Standard                                                                                 | Effect of Abstentions             | Effect of Broker Non-Votes (1)    |
| 1: Reverse Stock Split Proposal | Majority of the votes cast (Common and Series Z Preferred Stock as a group) on the proposal              | No effect – not counted as a vote | No effect – not counted as a vote |
| 2: Adjournment Proposal         | Majority of shares present in person or represented by proxy at the Special Meeting and entitled to vote | Same effect as a vote against     | No effect – not counted as a vote |

| (1) | Because brokers have discretionary authority to vote on each of the above proposals, we do not expect any broker non-votes in connection with these two proposals. |

How to Vote

The manner in which your shares may be voted depends on how your shares are held. If you are a stockholder of record, meaning that your shares are represented by certificates or book entries in your name so that you appear as a stockholder on the records of Securities Transfer Corporation, our stock transfer agent, you may vote by proxy, meaning you authorize the individuals named on your proxy card or Notice to vote your shares. If you choose to vote by proxy, you may do so by telephone, via the Internet or by mail. Each of these methods is explained below. If you hold your shares of Common Stock in multiple accounts, you should vote your shares as described in each set of proxy materials you receive.You also may participate in and vote during the Special Meeting.

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Voting by proxy. You may vote your shares by proxy by telephone, via the Internet or by mail:

| · | By Telephone. You may transmit your proxy voting instructions by calling the telephone number specified on the instructions