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Esperion Announces Adjournment of 2023 Annual Meeting of Stockholders

Key Takeaway: Esperion has announced that its 2023 Annual Meeting of Stockholders has been adjourned and will reconvene virtually on June 15, 2023. This decision was made to provide stockholders with more time to vote on the proposals outlined in the Proxy Statement. So far, an overwhelming majority of those who voted support the Board's recommendations, though more votes are still needed to move forward with the proposals. Stockholders are encouraged to participate in the upcoming meeting.

Market Sentiment Analysis

POSITIVE FACTORS

  • Majority of votes cast support director nominees and proposals.
  • Additional time allows stockholders to participate in voting.
  • Annual Meeting adjournment reflects active engagement with stockholders.

Full Press Release Details

ANN ARBOR, Mich., May 25, 2023 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced the 2023 Annual Meeting of Stockholders (the “Annual Meeting”) has been adjourned to allow additional time for stockholders to vote on the proposals set forth in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 13, 2023 (the “Proxy Statement”). The Annual Meeting, originally scheduled to be held on May 25, 2023 at 8:00 a.m. Eastern Time, and subsequently adjourned, will reconvene virtually on June 15, 2023 at 8:00 a.m. Eastern Time, and instructions on participation can be found by visiting https://www.virtualshareholdermeeting.com/ESPR2023.
No changes have been made to the record date or the proposals to be brought before the Annual Meeting, which are presented in the Proxy Statement.
An overwhelming majority of votes cast to date have been cast in support of each of the director nominees and each of the proposals in line with the Board of Directors’ recommendations. We do not yet, however, have a sufficient number of shares cast to approve all of the proposals. Accordingly, we have opted to reconvene our Annual Meeting on June 15, 2023 in order to provide stockholders with additional time to cast their votes. As a reminder, Esperion’s Board of Directors recommends that stockholders vote FOR each of the director nominees and FOR Proposals Two, Three, Four and Five.
Stockholders who have already voted do not need to recast their votes. Stockholders who have not already voted are encouraged to do so before June 15, 2023. Proxies previously submitted in respect of the 2023 Annual Meeting will be voted at the reconvened meeting unless properly revoked. Only stockholders of record as of the close of business on March 28, 2023, the record date, are entitled to and are being requested to vote.
If you are a stockholder of record, there are four ways for you to vote, including over the Internet by following the instructions provided in the voting materials you received. Please refer to the Proxy Statement for additional information about how to vote your shares.
Esperion Therapeutics
Esperion Contact Information:

Frequently Asked Questions

When will Esperion's Annual Meeting reconvene?

The reconvened Annual Meeting will take place on June 15, 2023, at 8:00 a.m. ET.

Why was the Annual Meeting adjourned?

The meeting was adjourned to give stockholders more time to vote on the proposals.

Do stockholders need to vote again if already submitted?

No, stockholders who have already voted do not need to recast their votes.

How can stockholders participate in the meeting?

Participation instructions are available at https://www.virtualshareholdermeeting.com/ESPR2023.

What is the record date for voting?

The record date for voting is March 28, 2023.

Last updated: May 25, 2023