UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
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Securities Exchange Act of 1934
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
Axcella Health Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on September 11, 2023. As of August 17, 2023, the record date for the Annual Meeting there were, and currently, there are, 73,692,745 shares of our common stock, par value $0.001 per share, outstanding, all of which were entitled to vote with respect to all matters to be acted upon at the virtual Annual Meeting. The following is a summary of the matters voted on at the Annual Meeting.
| a) | The stockholders of the Company elected Torben Straight Nissen, Ph.D., Michael Rosenblatt, M.D. and William D. “Chip” Baird as a Class I directors to the board of directors of the Company, to each serve until the 2026 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation or removal. The results of the stockholders’ vote with respect to the election of the Class I directors were as follows: |
| Name | Votes For |
Votes Withheld |
Broker Non-Votes | |||
| Torben Straight Nissen, Ph.D. | 47,014,165 | 171,756 | 5,862,604 | |||
| Michael Rosenblatt, M.D. | 46,686,483 | 499,438 | 5,862,604 | |||
| William D. “Chip” Baird | 46,708,034 | 477,887 | 5,862,604 |
| b) | The stockholders of the Company ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of the stockholders’ vote with respect to such ratification were as follows: |
| Votes For | Votes Against | Abstain | ||
| 52,496,038 | 485,919 | 66,568 |
| c) | The stockholders of the Company approved amendments to our restated certificate of incorporation to effect a reverse stock split of our common stock at a ratio ranging from any whole number between 1-for-2 and 1-for-25, as determined by our board of directors in its discretion, subject to the board of directors’ authority to abandon such amendments;. The results of the stockholders’ vote with respect to the election of the Class I directors were as follows: |
| Votes For | Votes Against | Abstain | ||
| 52,178,340 | 823,853 | 46,332 |
| d) | The stockholders of the Company approved an adjournment of the Annual Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Annual Meeting to approve Proposal 3. The results of the stockholders’ vote with respect to such ratification were as follows: |
| Votes For | Votes Against | Abstain | ||
| 52,348,223 | 633,932 | 66,370 |
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number | Description |
| 104 | Cover Page Interactive Data (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Axcella Health Inc. | ||
| Date: September 11, 2023 | By: | /s/ William R. Hinshaw, Jr. |
| Name: | /s/ William R. Hinshaw, Jr. | |
| Title: | President, Chief Executive Officer and Director |