UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders
On December 4, Silo Pharma, Inc. (the “Company”) held its 2023 annual meeting of stockholders (the “Annual Meeting”). A total of 1,577,516 shares of common stock constituting a quorum, were represented in person or by valid proxies at the Annual Meeting.
At the Annual Meeting, the Company’s stockholders voted on Proposals 1, 2, 4, and 5. To allow additional time for stockholders to vote on Proposal 3 (Reincorporation from Delaware to Nevada), the Company adjourned the meeting with respect to such proposal until December 11, 2023. This Current Report on Form 8-K will be amended to report the results of Proposal 3 once the final results are received by the Company. The final results for Proposals 1, 2, 4, and 5, as set forth in the Company’s Definitive Proxy Statement, filed with the SEC on October 23, 2023, are as follows:
Proposal 1. At the Annual Meeting, the terms of all four members of the Board of Directors expired. All of the four nominees for director were elected to serve until the next annual meeting of stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death. The result of the votes to elect the four directors was as follows:
| Directors | For | Withheld | Broker Non-Votes | |||||||||
| Eric Weisblum | 1,448,375 | 88,266 | 40,875 | |||||||||
| Wayne D. Linsley | 1,406,716 | 129,925 | 40,875 | |||||||||
| Dr. Kevin Muñoz | 1,422,577 | 114,064 | 40,875 | |||||||||
| Dr. Jeff Pavell | 1,448,425 | 88,216 | 40,875 | |||||||||
Proposal 2. At the Annual Meeting, the stockholders approved the Company’s Amended and Restated 2020 Omnibus Equity Incentive Plan (the “Amended 2020 Plan”). The result of the votes to approve the Amended 2020 Plan was as follows:
| For | Against | Abstain | Broker Non-Vote | |||
| 1,427,100 | 97,553 | 11,988 | 40,875 |
Proposal 4. At the Annual Meeting, the stockholders approved an amendment to the Company’s Certificate of Incorporation to decrease the number of authorized shares of common stock of the Company from 500,000,000 to 100,000,000 (the “Share Decrease Proposal”). The result of the votes to approve the Share Decrease Proposal was as follows:
| For | Against | Abstain | Broker Non-Vote | |||
| 1,523,993 | 2,648 | 10,000 | 40,875 |
Proposal 5. At the Annual Meeting, the stockholders approved the ratification of the appointment of Salberg & Company, P.A. as the Company’s independent public accountant for the fiscal year ending December 31, 2023. The result of the votes to approve Salberg & Company, P.A. was as follows:
| For | Against | Abstain | ||
| 1,510,892 | 189 | 66,435 |
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 4, 2023
| SILO PHARMA INC. | |
| /s/ Eric Weisblum | |
| Eric Weisblum | |
| Chief Executive Officer |
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