Company: HCWB
Filing Date: 2025-04-01
Form Type: 8-K
Source: 0000950170-25-048586
Chunk: 0

Company: HCW Biologics Inc.
Filing Date: 2025-04-01
Form: 8-K
Item: Item 5.07
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Item 5.07 Submission of Matters to a Vote of Security Holders.

On March 31, 2025, HCW Biologics Inc. (the “ Company”) held a Special Meeting of Stockholders (the “ Special Meeting”). At the Special Meeting, the stockholders voted on three proposals, with the results of the tabulation of their votes described below.

  The Reverse Stock Split Proposal. The Company’s stockholders were asked to vote to approve an amendment to the Company’s Certificate of Incorporation on or before the one (1) year anniversary o...  

  Proposal 1                               For      Against      Abstained/Withheld      Broker Non-Votes  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────
  Reverse Stock Split Proposal      30,748,112      201,437                  27,164                     0  

  The ELOC Proposal. The Company’s stockholders were asked to vote for purposes of complying with Nasdaq Listing Rule 5635(d), to approve the full issuance of shares of the Company’s Common Stock...  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Proposal 2                For      Against      Abstained/Withheld      Broker Non-Votes  
 ────────────────────────────────────────────────────────────────────────────────────────────
  ELOC Proposal      27,619,878       90,675                  29,334             3,236,826  

  The Note Conversion Proposal. The Company’s stockholders were asked to vote for purposes of complying with Nasdaq Listing Rules 5635(c) and 5635(d), to approve the issuance of shares of our Com...  

  Proposal 3                          For      Against      Abstained/Withheld      Broker Non-Votes  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────
  Note Conversion Proposal      7,843,835      353,104              19,069,833             3,709,941  

Based on the foregoing votes, Proposal 1, Proposal 2 and Proposal 3 were approved. No other matters were submitted to or voted on by the Special Meeting.

Item 8.01 Other Events.