Latest news with #Proposal2


Globe and Mail
7 days ago
- Business
- Globe and Mail
Vaxart's Founder and Chief Scientific Officer Provides Video Update to Stockholders
Dr. Sean Tucker, Founder and CSO of Vaxart, Urges Stockholders to Vote FOR Reverse Stock Split Proposal by 11:59 p.m. Eastern Time on June 1, 2025 Company Corrects Record on Common Misconceptions Regarding the Reverse Stock Split Proposal SOUTH SAN FRANCISCO, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) (the 'Company' OR 'Vaxart') today announces a video update for stockholders by Dr. Sean Tucker. The video is available on Vaxart's investor relations website at In the video, Dr. Tucker urges stockholders to vote FOR Proposal No. 2, which grants the Board of Directors authority to implement a reverse split that would enable Vaxart regain compliance with Nasdaq's minimum bid price rule. Additionally, to ensure stockholders have accurate information as they consider this important proposal, the Company addresses several misconceptions in the attached fact sheet: A PDF accompanying this announcement is available at Vaxart encourages all stockholders of record on March 26, 2025 who have not yet voted to do so by 11:59 p.m. Eastern Time on June 1, 2025. The Company also reminds those who have previously voted against Proposal No. 2 that they can change their vote in favor of the proposal. If you have any questions or need assistance with voting, please contact Vaxart's proxy solicitation firm: Campaign Management, LLC Toll-Free: 1-855-264-1527 Email: info@ About Vaxart Vaxart is a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform. Vaxart vaccines are designed to be administered using pills that can be stored and shipped without refrigeration and eliminate the risk of needle-stick injury. Vaxart believes that its proprietary pill vaccine delivery platform is suitable to deliver recombinant vaccines, positioning the company to develop oral versions of currently marketed vaccines and to design recombinant vaccines for new indications. Vaxart's development programs currently include pill vaccines designed to protect against coronavirus, norovirus and influenza, as well as a therapeutic vaccine for human papillomavirus (HPV), Vaxart's first immune-oncology indication. Vaxart has filed broad domestic and international patent applications covering its proprietary technology and creations for oral vaccination using adenovirus and TLR3 agonists. Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act') and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), which are subject to the 'safe harbor' created by those sections, concerning our business, operations, and financial performance and condition as well as our plans, objectives, and expectations for business operations, funding, financial performance and condition, and regaining compliance with the Nasdaq minimum bid price requirement. Any statements contained herein that are not of historical facts may be deemed to be forward-looking statements. You can identify these statements by words such as 'anticipate,' 'assume,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'should,' 'will,' 'would,' and other similar expressions that are predictions of or indicate future events and future trends. These forward-looking statements are based on current expectations, estimates, forecasts, and projections about our business and the industry in which we operate and management's beliefs and assumptions and are not guarantees of future performance or development and involve known and unknown risks, uncertainties, and other factors that are in some cases beyond our control. As a result, any or all of our forward-looking statements in this press release may turn out to be inaccurate. Factors that could materially affect our business operations and financial performance and condition include, but are not limited to, those risks and uncertainties described under 'Item 1A - Risk Factors' in our Annual Report on Form 10-K for the year ended December 31, 2024 and any risk factors disclosed in any subsequent Quarterly Reports on Form 10-Q. You are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on the forward-looking statements. The forward-looking statements are based on information available to us as of the date of this press release. Unless required by law, we do not intend to publicly update or revise any forward-looking statements to reflect new information or future events or otherwise. You should, however, review the factors and risks we describe in the reports we will file from time to time with the SEC after the date of this press release. Participants in the Solicitation The Company and its directors, executive officers, and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the Company's stockholders in connection with the business to be conducted at the annual meeting of stockholders. Investors and security holders may obtain more detailed information regarding the names, affiliations, and interests of the Company's directors and executive officers in the definitive proxy statement filed in connection with the annual meeting of stockholders as well as the Company's other filings with the U.S. Securities and Exchange Commission (the 'SEC'), all of which may be obtained free of charge at the website maintained by the SEC at This press release was published by a CLEAR® Verified individual.
Yahoo
21-05-2025
- Politics
- Yahoo
Ingham County clerk joins secretary of state race
Ingham County Clerk Barb Byrum talks about Proposal 2 in Lansing, Jan. 24, 2023 | Ward Beard Barb Byrum will seek the Michigan Democratic Party nomination for secretary of state in 2026, she announced Wednesday. As Ingham County Clerk for the last decade, Byrum has overseen 40 elections and several recounts. She made a name for herself nationally in 2014 when the Obergefell v. Hodges case – which eventually legalized same-sex marriage nationwide – was on appeal, and allowed a short window for states to recognize those marriages for the first time before the case was finalized. Byrum opened her office to those couples and performed one of the first same-sex marriage ceremonies in the state. Byrum also served in the Michigan House of Representatives for six years before being elected to as the Ingham County clerk in 2012, and previously owned and operated an Ace Hardware store in Charlotte for nearly 20 years. 'I'm running for Secretary of State because I believe elections should be fair, secure and accessible for voters today and in future generations, and that Michiganders deserve an exceptional customer service experience at every Secretary of State office,' Byrum said in a statement. 'For more than 20 years, I've served the public as a state legislator and as a County Clerk, and I'd be honored to continue serving the people of Michigan as the next Secretary of State.' Byrum is a longtime advocate for voters' rights and routinely uses her social media pages to explain complex election matters, especially in the wake of the 2020 election, when Republicans refused to accept the results of the presidential contest and fomented numerous unfounded election conspiracies. In a news release announcing her campaign, Byrum said election officials like herself take pride in ensuring Michigan's elections are secure and that every qualified voter has a chance to have their voice heard. 'I fight back against those who would seek to make it harder to vote and those who attack our democratic process because our democracy is worth fighting for,' Byrum said. 'As Michigan's next Secretary of State, I will ensure that Michigan will continue to run free, fair and secure elections, as we have these many years.' Her announcement also came with an endorsement from fellow Democratic Genesee County Clerk-Register Domonique Clemons, who called Byrum 'a leader among the clerk community and knows elections backwards and forwards.' 'She is the go-to expert for new clerks when they need assistance, and is always ready to support,' Clemons said in a statement. 'Barb is a vocal advocate for voter rights and election integrity. She is steadfast in defending democracy against those who try to undermine our election process.' Michigan campaign finance reporting documents show Byrum formed her candidate committee on May 15 with a reporting waiver requested, which typically means candidates plan to raise and spend less than $1,000 in the election cycle. At present, Deputy Secretary of State Aghogho Edevbie is the only other name in the race on the Democratic side. Michigan's political parties nominate candidates for secretary of state and attorney general and do not participate in the primary process. Michigan Democrats will nominate a candidate for secretary of state at their state party convention in the spring of 2026. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX

Yahoo
21-03-2025
- Politics
- Yahoo
U-M Alumni Association ends diversity scholarship program
The University of Michigan Alumni Association has ended its LEAD Scholars program, which provided scholarships to increase student diversity on campus. The program's page on the university website appears to have been scrubbed this week, leaving only a note of gratitude to donors and past scholars along with the news that it was ending. The move came as President Donald Trump's administration is scrutinizing colleges and universities for any use of diversity, equity and inclusion (DEI) measures, which it wants eliminated. Last week, the U.S. Department of Education listed U-M among 45 schools being investigated for "allegedly engaging in race-exclusionary practices in their graduate programs." LEAD scholarships were only awarded to undergraduates but they were eliminated nonetheless. The department listed six other schools, including Grand Valley State in west Michigan, as being investigated for "alleged impermissible race-based scholarships and race-based segregation," according to the Department of Education. LEAD scholars learned this week that awards they received earlier this semester would be the last. "After careful review and consideration, and in order to apply with all applicable laws, the Alumni Association has made the decision to discontinue the LEAD scholars program, effective immediately," Ashleigh Hardy, director of student engagement, wrote to LEAD scholars this week. "As a result, all LEAD scholars programs are being discontinued." Hardy wrote that the association was committed to helping the impacted students find other sources of support and would host a meeting next month to answer questions and concerns. It also noted that all other Alumni Association programs would continue as normal. University spokeswoman Kay Jarvis referred questions about the decision to the Alumni Association. Robert Clendening, vice president of marketing and communications for the Alumni Association, told the Free Press in an email that the group was "not able to speak at this time." He did forward a statement reiterating the message from the program's webpage and noted that the scholarship had helped almost 900 students over the years. The association previously said that the program began in 2008 in response to a decision two years earlier by Michigan voters to approval Proposal 2. That was an amendment to Michigan's Constitution "to ban affirmative action programs that give preferential treatment to groups or individuals based on their race, gender, color, ethnicity or national origin for public employment, education or contracting purposes.' More: Patent law expert named new dean of U-M Law School Minority enrollment was already falling at that time following a 2003 U.S. Supreme Court case that the university lost. The court ruled that U-M's practice of awarding additional points to applicants who were "underrepresented minorities" violated the 14th Amendment and the Title VI of the Civil Rights Act of 1964. In a 2017 pitch to donors for the LEAD program, the Alumni Association said it "has committed to providing $10 million over the next 10 years to increase the number of scholarships available to African-American, Latino, and Native American students who have been accepted to the university." The program allowed applicants to compete for need-based scholarships ranging from $5,000 to $15,000 per year, which could be renewed for up to four years. They must already have been admitted to U-M, have a grade point average of 3.5 or higher in high school and have recommendations from a teacher or counselor. Among the requirements for the scholarship, applicants had to submit an essay "explaining how they exemplify all of the four pillars of LEAD: leadership, excellence, achievement, and diversity," according to an archived webpage from the program. The Trump administration has set its eyes on those kinds of measures as well, sending a letter in February to colleges and universities warning them about their nondiscrimination obligations. "A school may not use students personal essays, writing samples, participation in extracurriculars, or other cues as a means of determining or predicting a student's race and favoring or disfavoring such students," the letter said. Contact John Wisely: jwisely@ On X: @jwisely This article originally appeared on Detroit Free Press: U-M Alumni Association ends diversity scholarship program


USA Today
27-01-2025
- Politics
- USA Today
Democrat Aghogho Edevbie announces run for Michigan Secretary of State
Democrat Aghogho Edevbie announces run for Michigan Secretary of State Show Caption Hide Caption Michigan votes are in: 2024 election results from key races 2024 Michigan general election results from key races are in, which includes 13 district races. Aghogho Edevbie, one the Michigan's top-ranking election officials, announced Monday he would launch a campaign to succeed Jocelyn Benson when her second term as secretary of state expires in 2026. Edevbie has been deputy secretary of state since 2023, where he's lead policy implementation for the department which oversees elections, vehicle registrations and other statewide services. In the role, he helped coordinate the implementation of voter-approved election changes brought by Proposal 2 of 2022, including early voting in Michigan for statewide elections for the first time. Before being hired as deputy secretary of state and leading the implementation of the proposal, Edevbie was part of a group that helped author it, as Michigan state director for voting rights group All Voting is Local. Edevbie, 37, will be running for secretary of state as a Democrat. "When I came into office, I was given the mandate of helping to implement Proposal 2," Edevbie said in an interview with the Detroit Free Press ahead of launching his campaign. "And I'd seen it from the perspective of being the person to help put together the coalition to write the amendment and put it on the ballot. But it's a completely different thing to implement policy." Before joining All Voting is Local, Edevbie practiced law, including spending time as assistant corporation counsel in Wayne County. He is a graduate of the University of Michigan Law School and grew up in Detroit. In 2018, he ran in the Democratic primary for a Detroit-area state House district, receiving the fourth-most votes in that race. Edevbie said his experience working with election officials, both in the Department of State and across Michigan's local and county governments, has given him a strong foundation to run for the state's top election administration role. Along with election oversight, he touted the department's success at making visits to branch locations smoother for residents, as well as expanding online services so residents can access resources from home. But Edevbie said ongoing threats to elections and eroding public trust in election officials spurred his decision to run. He said President Donald Trump, who repeatedly made false claims about the legitimacy of the 2020 presidential election, presents a "clear and present danger" to voting access. Trump carried Michigan in the November election, winning the state by about 78,000 votes on his way back to the White House. M.L. Elrick: Michigan Democrats suddenly don't like Mike Duggan. Hizzoner is grateful they're hateful. More: Jocelyn Benson, Secretary of State, announces run for Michigan governor "I was raised with the belief we all have the responsibility to do what's necessary to protect our democracy," Edevbie said. "These are very dangerous times, these are very serious times. So, I see my experiences ... as having positioned me uniquely for this moment to help defend our democracy as it's under threat." Defending democracy itself has been a refrain also used by Benson, who last week launched her own bid to become Michigan's governor. Some Republicans in Michigan have criticized Benson during her tenure as secretary of state, and the Department of State also went through a series of legal battles, brought on by Republicans, over voting rules before the 2024 election. Edevbie said the Department of State has made strides in both running elections and providing everyday services to residents since Benson was elected in 2018. Still, he said he would bring his own perspective to the role if elected and said being secretary of state involves seeking input and collaboration from every employee in the department, regardless of partisan affiliation. "I've had the experiences of running a voting rights organization, of being deputy secretary of state and bringing my own unique perspectives. So in that way, I'm going to be different because I'm a different person," he said. On the policy front, Edevbie said he wants to advocate for greater funding for local clerks, as well as the adoption of the proposed Michigan Voting Rights Act, a series of bills which proponents say would expand voting protection and access for marginalized voters. Edevbie said it's unlikely the bills pass during the current legislative term, with Republicans leading the state House, but said he was hopeful they could advance in the future. Secretary of state is one of several of statewide positions up for election next year. Voters in Michigan will also elect a new governor and attorney general, and decide on races for the U.S. Senate and two seats on the Michigan Supreme Court during the November 2026 election. Unlike some other statewide positions, party nominations for secretary of state and attorney general are made at each party's nominating convention ahead of the election. Edevbie appears to be the first major-party candidate to announce a run for secretary of state, according to a search of online campaign finance records. Contact Arpan Lobo: alobo@
Yahoo
27-01-2025
- Politics
- Yahoo
Democrat Aghogho Edevbie announces run for Michigan Secretary of State
Aghogho Edevbie, one the Michigan's top-ranking election officials, announced Monday he would launch a campaign to succeed Jocelyn Benson when her second term as secretary of state expires in 2026. Edevbie has been deputy secretary of state since 2023, where he's lead policy implementation for the department which oversees elections, vehicle registrations and other statewide services. In the role, he helped coordinate the implementation of voter-approved election changes brought by Proposal 2 of 2022, including early voting in Michigan for statewide elections for the first time. Before being hired as deputy secretary of state and leading the implementation of the proposal, Edevbie was part of a group that helped author it, as Michigan state director for voting rights group All Voting is Local. Edevbie, 37, will be running for secretary of state as a Democrat. "When I came into office, I was given the mandate of helping to implement Proposal 2," Edevbie said in an interview with the Detroit Free Press ahead of launching his campaign. "And I'd seen it from the perspective of being the person to help put together the coalition to write the amendment and put it on the ballot. But it's a completely different thing to implement policy." Before joining All Voting is Local, Edevbie practiced law, including spending time as assistant corporation counsel in Wayne County. He is a graduate of the University of Michigan Law School and grew up in Detroit. In 2018, he ran in the Democratic primary for a Detroit-area state House district, receiving the fourth-most votes in that race. Edevbie said his experience working with election officials, both in the Department of State and across Michigan's local and county governments, has given him a strong foundation to run for the state's top election administration role. Along with election oversight, he touted the department's success at making visits to branch locations smoother for residents, as well as expanding online services so residents can access resources from home. But Edevbie said ongoing threats to elections and eroding public trust in election officials spurred his decision to run. He said President Donald Trump, who repeatedly made false claims about the legitimacy of the 2020 presidential election, presents a "clear and present danger" to voting access. Trump carried Michigan in the November election, winning the state by about 78,000 votes on his way back to the White House. M.L. Elrick: Michigan Democrats suddenly don't like Mike Duggan. Hizzoner is grateful they're hateful. More: Jocelyn Benson, Secretary of State, announces run for Michigan governor "I was raised with the belief we all have the responsibility to do what's necessary to protect our democracy," Edevbie said. "These are very dangerous times, these are very serious times. So, I see my experiences ... as having positioned me uniquely for this moment to help defend our democracy as it's under threat." Defending democracy itself has been a refrain also used by Benson, who last week launched her own bid to become Michigan's governor. Some Republicans in Michigan have criticized Benson during her tenure as secretary of state, and the Department of State also went through a series of legal battles, brought on by Republicans, over voting rules before the 2024 election. Edevbie said the Department of State has made strides in both running elections and providing everyday services to residents since Benson was elected in 2018. Still, he said he would bring his own perspective to the role if elected and said being secretary of state involves seeking input and collaboration from every employee in the department, regardless of partisan affiliation. "I've had the experiences of running a voting rights organization, of being deputy secretary of state and bringing my own unique perspectives. So in that way, I'm going to be different because I'm a different person," he said. On the policy front, Edevbie said he wants to advocate for greater funding for local clerks, as well as the adoption of the proposed Michigan Voting Rights Act, a series of bills which proponents say would expand voting protection and access for marginalized voters. Edevbie said it's unlikely the bills pass during the current legislative term, with Republicans leading the state House, but said he was hopeful they could advance in the future. Secretary of state is one of several of statewide positions up for election next year. Voters in Michigan will also elect a new governor and attorney general, and decide on races for the U.S. Senate and two seats on the Michigan Supreme Court during the November 2026 election. Unlike some other statewide positions, party nominations for secretary of state and attorney general are made at each party's nominating convention ahead of the election. Edevbie appears to be the first major-party candidate to announce a run for secretary of state, according to a search of online campaign finance records. Contact Arpan Lobo: alobo@ This article originally appeared on Detroit Free Press: Democrat Aghogho Edevbie to run for Michigan Secretary of State