At its 2026 Annual Meeting on June 8, 2026, MetaVia Inc. (MTVA) stockholders voted to approve all proposals, including a reverse stock split of the company's common stock and an amendment to increase the number of shares available under its equity incentive plan.
Key Details
- Reverse Stock Split: Stockholders approved an amendment to authorize the Board of Directors to effect a reverse stock split at a ratio in the range of 1-for-5 to 1-for-22.
- Equity Plan Expansion: The First Amendment to the 2022 Equity Incentive Plan was approved, increasing the aggregate number of shares available for issuance by 200,000 shares.
- Other Approvals: Stockholders also elected two Class I directors, D. Gordon Strickland and James P. Tursi, M.D., and ratified the appointment of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026.