# EDGAR Filing Document

**Accession Number:** 0001000097
**File Stem:** 0001000097-25-000019
**Filing Date:** 2025-8
**Character Count:** 40727
**Document Hash:** 66d68ec3b958b80daa43880d91cfb035
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001000097-25-000019.hdr.sgml**: 20250819

**ACCESSION NUMBER**: 0001000097-25-000019

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250819

**EFFECTIVENESS DATE**: 20250819

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KINGDON CAPITAL MANAGEMENT, L.L.C.
- **CENTRAL INDEX KEY:** 0001000097

**ORGANIZATION NAME:**
- **EIN:** 134015739
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04575
- **FILM NUMBER:** 251231510

**BUSINESS ADDRESS:**
- **STREET 1:** 152 WEST 57TH STREET
- **STREET 2:** 50TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-333-0100

**MAIL ADDRESS:**
- **STREET 1:** 152 WEST 57TH STREET
- **STREET 2:** 50TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KINGDON CAPITAL MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 19980914

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KINGDON CAPITAL MANAGEMENT CORP
- **DATE OF NAME CHANGE:** 19960408

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001000097

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** KINGDON CAPITAL MANAGEMENT, L.L.C.

**Address:** 152 WEST 57TH STREET, NEW YORK, NY 10019

**Telephone number:** (212) 333-0170

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-04575

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 9EV9M07GEQXRWF831Q10

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                   | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                                                       | VOTE CATEGORY                |     SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| 3M Company                       | 88579Y101 | 05/13/2025     | Advisory approval of executive compensation.                                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 110000           |                0 | FOR         |                         110000           | FOR                         |  |
| Acadia Healthcare Company, Inc.  | 00404A109 | 05/29/2025     | Advisory vote on the compensation of the Company's named executive officers as presented in the Proxy Statement.                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 391121           |                0 | FOR         |                         391121           | FOR                         |  |
| Acadia Healthcare Company, Inc.  | 00404A109 | 05/29/2025     | Advisory vote on the frequency of a non-binding advisory vote on the Compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 391121           |                0 | 1 YEAR      |                         391121           | FOR                         |  |
| Aldeyra Therapeutics, Inc.       | 01438T106 | 06/10/2025     | To approve, on a non-binding, advisory basis, the compensation of Aldeyra Therapeutics, Inc.'s named executive officers.                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      1.0527e+06  |                0 | AGAINST     |                              1.0527e+06  | AGAINST                     |  |
| Alight, Inc.                     | 01626W101 | 07/02/2024     | To approve, on an advisory (non-binding) basis, the 2023 compensation paid to our named executive officers.                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 414695           |                0 | FOR         |                         414695           | FOR                         |  |
| APi Group Corporation            | 00187Y100 | 05/16/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 250000           |                0 | FOR         |                         250000           | FOR                         |  |
| Bank of America Corporation      | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 165000           |                0 | FOR         |                         165000           | FOR                         |  |
| Beyond Air, Inc.                 | 08862L103 | 11/22/2024     | To approve, by an advisory (non-binding) vote, named executive officer compensation.                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 567526           |                0 | FOR         |                         567526           | FOR                         |  |
| Blue Owl Capital Inc.            | 09581B103 | 06/09/2025     | Approval, by non-binding advisory basis, the compensation paid to our named executive officers for the 2024 fiscal year.                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 150000           |                0 | AGAINST     |                         150000           | AGAINST                     |  |
| Blue Owl Capital Inc.            | 09581B103 | 06/09/2025     | To recommend, on a non-binding advisory basis, the frequency of future advisory votes to approve, on a non-binding advisory basis, the compensation paid to our named executive officers.                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 150000           |                0 | 1 YEAR      |                         150000           | AGAINST                     |  |
| CRH plc                          | G25508105 | 05/08/2025     | Consideration of Named Executive Officer Compensation for 2024 ("Say-on-Pay")                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 200000           |                0 | FOR         |                         200000           | FOR                         |  |
| CRH plc                          | G25508105 | 05/08/2025     | Consideration of Frequency of Future "Say-on-Pay" Votes                                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 200000           |                0 | 1 YEAR      |                         200000           | FOR                         |  |
| Curtiss-Wright Corporation       | 231561101 | 05/08/2025     | An advisory (non-binding) vote to approve the compensation of the Company's named executive officers                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  30000           |                0 | FOR         |                          30000           | FOR                         |  |
| enVVeno Medical Corporation      | 29415J106 | 12/18/2024     | To approve on a non-binding, advisory basis the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 824844           |                0 | AGAINST     |                         824844           | AGAINST                     |  |
| enVVeno Medical Corporation      | 29415J106 | 12/18/2024     | To select on a non-binding, advisory basis the frequency of conducting future stockholder advisory votes on named executive officer compensation.                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 824844           |                0 | 1 YEAR      |                         824844           | AGAINST                     |  |
| Everus Construction Group, Inc.  | 300426103 | 05/20/2025     | Advisory Vote to Approve the Frequency of Future Advisory Votes to Approve the Compensation Paid to the Company's Named Executive Officers.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 248345           |                0 | 1 YEAR      |                         248345           | FOR                         |  |
| Everus Construction Group, Inc.  | 300426103 | 05/20/2025     | Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 248345           |                0 | FOR         |                         248345           | FOR                         |  |
| Flex Ltd.                        | Y2573F102 | 08/08/2024     | Non-Binding, Advisory Resolution. To Approve The Compensation Of The Company S Named Executive Officers, As Disclosed Pursuant To Item 402 Of Regulation S-K, Set Forth In  Compensation Discussion And Analysis  And In The Compensation Tables And The Accompanying Narrative Disclosure Under  Executive Compensation In The Company S Proxy Statement Relating To Its 2024 Annual General Meeting. | SECTION 14A SAY-ON-PAY VOTES | 235000           |                0 | FOR         |                         235000           | FOR                         |  |
| GE HealthCare Technologies Inc.  | 36266G107 | 05/28/2025     | Approval of our named executive officers' compensation in an advisory vote.                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  90127           |                0 | FOR         |                          90127           | FOR                         |  |
| GE Vernova Inc.                  | 36828A101 | 05/14/2025     | Approve the compensation of our named executives officers in an advisory vote                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   2500           |                0 | FOR         |                           2500           | FOR                         |  |
| GE Vernova Inc.                  | 36828A101 | 05/14/2025     | Approve the frequency of future advisory votes on named executive officers compensation in an advisory vote                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   2500           |                0 | 1 YEAR      |                           2500           | FOR                         |  |
| Glaukos Corporation              | 377322102 | 05/29/2025     | Approval, on an advisory basis, of the compensation of the Company"s named executive officers.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  68448           |                0 | FOR         |                          68448           | FOR                         |  |
| Great Elm Group, Inc.            | 39037G109 | 12/04/2024     | Approval, on an advisory basis, of the compensation of the Corporation s named executive officers.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      1.26891e+06 |                0 | AGAINST     |                              1.26891e+06 | AGAINST                     |  |
| Great Elm Group, Inc.            | 39037G109 | 12/04/2024     | Approval, on an advisory basis, of the frequency of future stockholder advisory votes on the compensation of the Corporation s named executive officers.                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      1.26891e+06 |                0 | 1 YEAR      |                              1.26891e+06 | FOR                         |  |
| Hasbro, Inc.                     | 418056107 | 05/21/2025     | Advisory Vote to Approve the Compensation of Hasbro's Named Executive Officers                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 181000           |                0 | FOR         |                         181000           | FOR                         |  |
| HCI Group, Inc.                  | 40416E103 | 06/10/2025     | Approval, on an advisory basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  15000           |                0 | AGAINST     |                          15000           | AGAINST                     |  |
| HCI Group, Inc.                  | 40416E103 | 06/10/2025     | Approval, on an advisory basis, of the frequency of votes on executive compensation.                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  15000           |                0 | 1 YEAR      |                          15000           | FOR                         |  |
| HEICO Corporation                | 422806109 | 03/14/2025     | Advisory Approval Of The Company's Executive Compensation                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  60000           |                0 | FOR         |                          60000           | FOR                         |  |
| IMAX Corporation                 | 45245E109 | 06/11/2025     | Approval, on an advisory basis, of the compensation of the Company's Named Executive Officers as set forth in the accompanying Proxy Circular and Proxy Statement.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 449500           |                0 | FOR         |                         449500           | FOR                         |  |
| Insmed Incorporated              | 457669307 | 05/15/2025     | An advisory vote on the 2024 compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 172669           |                0 | FOR         |                         172669           | FOR                         |  |
| International Paper Company      | 460146103 | 05/12/2025     | A Non-Binding Resolution to Approve the Compensation of the Company's Named Executive Officers                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 370000           |                0 | FOR         |                         370000           | FOR                         |  |
| Itron, Inc.                      | 465741106 | 05/08/2025     | Proposal to approve the advisory (non-binding) resolution relating to executive compensation.                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  70000           |                0 | FOR         |                          70000           | FOR                         |  |
| Maplebear Inc.                   | 565394103 | 05/22/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 330000           |                0 | AGAINST     |                         330000           | AGAINST                     |  |
| Match Group, Inc.                | 57667L107 | 06/18/2025     | To approve a non-binding advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 370000           |                0 | FOR         |                         370000           | FOR                         |  |
| Meta Platforms, Inc.             | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  18000           |                0 | FOR         |                          18000           | FOR                         |  |
| Meta Platforms, Inc.             | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years.                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  18000           |                0 | 1 YEAR      |                          18000           | AGAINST                     |  |
| Microsoft Corporation            | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  20500           |                0 | FOR         |                          20500           | FOR                         |  |
| Mirion Technologies, Inc.        | 60471A101 | 05/15/2025     | Approve, on an advisory basis, the compensation of our named executive officers as disclosed in the accompanying proxy statement.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 450000           |                0 | FOR         |                         450000           | FOR                         |  |
| Molson Coors Beverage Company    | 60871R209 | 05/14/2025     | To approve, in a non-binding advisory vote, the compensation of Molson Coors Beverage Company's named executive officers.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 188956           |                0 | FOR         |                         188956           | FOR                         |  |
| NioCorp Developments Ltd.        | 654484609 | 03/20/2025     | Approval, on a nonbinding, advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 314465           |                0 | FOR         |                         314465           | FOR                         |  |
| NVIDIA Corporation               | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 140000           |                0 | FOR         |                         140000           | FOR                         |  |
| Okta, Inc.                       | 679295105 | 06/24/2025     | To approve, on an advisory non-binding basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  70000           |                0 | FOR         |                          70000           | FOR                         |  |
| Okta, Inc.                       | 679295105 | 06/24/2025     | To approve, on an advisory non-binding basis, the frequency of future advisory non-binding votes to approve the compensation of our named executive officers.                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  70000           |                0 | 1 YEAR      |                          70000           | FOR                         |  |
| OptiNose, Inc.                   | 68404V209 | 05/16/2025     | To approve, by advisory (non-binding) vote, the compensation that may be paid or become payable to our named executive officers in connection with the consummation of the merger.                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 363732           |                0 | FOR         |                         363732           | FOR                         |  |
| Packaging Corporation of America | 695156109 | 05/07/2025     | Proposal to approve our executive compensation.                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  50000           |                0 | FOR         |                          50000           | FOR                         |  |
| Parsons Corporation              | 70202L102 | 04/15/2025     | To approve, by non-binding advisory vote, the compensation program for the Company's named executive officers, as disclosed in the Compensation Discussion and Analysis section of the proxy statement.                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 174999           |                0 | FOR         |                         174999           | FOR                         |  |
| Radnet, Inc.                     | 750491102 | 06/10/2025     | An advisory vote to approve the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 130640           |                0 | AGAINST     |                         130640           | AGAINST                     |  |
| scPharmaceuticals Inc.           | 810648105 | 06/03/2025     | To approve, on an advisory (non-binding) basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      1e+06       |                0 | FOR         |                              1e+06       | FOR                         |  |
| SCYNEXIS, Inc.                   | 811292200 | 06/25/2025     | To vote, on an advisory basis, on the compensation paid to SCYNEXIS, Inc.'s named executive officers.                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      2.23705e+06 |                0 | FOR         |                              2.23705e+06 | FOR                         |  |
| Syndax Pharmaceuticals, Inc.     | 87164F105 | 05/14/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the 2025 proxy statement.                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      1.80436e+06 |                0 | FOR         |                              1.80436e+06 | FOR                         |  |
| Tandem Diabetes Care, Inc.       | 875372203 | 05/21/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 446435           |                0 | FOR         |                         446435           | FOR                         |  |
| Tandem Diabetes Care, Inc.       | 875372203 | 05/21/2025     | To approve, on a non-binding, advisory basis, the frequency of future stockholder advisory votes to approve the compensation of our named executive officers.                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 446435           |                0 | 1 YEAR      |                         446435           | FOR                         |  |
| Tenet Healthcare Corporation     | 88033G407 | 05/22/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 133714           |                0 | FOR         |                         133714           | FOR                         |  |
| Tetra Tech, Inc.                 | 88162G103 | 02/27/2025     | To approve, on an advisory basis, the Company's named executive officers compensation.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  40000           |                0 | FOR         |                          40000           | FOR                         |  |
| UnitedHealth Group Incorporated  | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  20262           |                0 | FOR         |                          20262           | FOR                         |  |
| Vistra Corp.                     | 92840M102 | 04/30/2025     | To approve, on a non-binding advisory basis, the 2024 compensation of the Company's named executive officers;                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  14413           |                0 | FOR         |                          14413           | FOR                         |  |
| Walmart Inc.                     | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 100000           |                0 | FOR         |                         100000           | FOR                         |  |
| Waste Management, Inc.           | 94106L109 | 05/13/2025     | Approval, on an advisory basis, of our executive compensation.                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  50000           |                0 | FOR         |                          50000           | FOR                         |  |
| Wolverine World Wide, Inc.       | 978097103 | 05/01/2025     | Advisory resolution to approve executive compensation.                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |     33           |                0 | FOR         |                             33           | FOR                         |  |
| X4 Pharmaceuticals, Inc.         | 98420X103 | 06/09/2025     | To hold a non-binding, advisory "say-on-pay" vote on the Company's executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      6.68307e+06 |                0 | FOR         |                              6.68307e+06 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** KINGDON CAPITAL MANAGEMENT, L.L.C.

**By (Signature):** David Paretti

**By (Printed Signature):** David Paretti

**By (Title):** Director, Fund Accounting

**Date:** 08/19/2025