Full Press Release Details
Announces Adjournment of Annual Meeting of Shareholders
Fla. (January 26, 2022) - Oragenics, Inc. (NYSE American: OGEN) ("Oragenics" or the "Company") announced
that the Company's reconvened Annual Meeting of Shareholders (the "Annual Meeting"), on January 25, 2022, at 4:00 p.m.
was convened and again adjourned, without any business being conducted, due to lack of the required quorum.
quorum consists of a majority of the shares entitled to vote. There were fewer than a majority of shares entitled to vote present, either
in person or by proxy at this meeting. The Annual Meeting therefore had no quorum and the meeting was again adjourned to 4:00 p.m. (Eastern
Time) on Friday, February 25, 2022 at the offices of Shumaker, Loop, & Kendrick, Bank
of America Plaza, 101 E Kennedy Blvd., Suite 2800, Tampa, FL 33602 to allow additional time for the Company's shareholders
to vote on the proposals set forth in the Company's definitive proxy statement filed with the United States Securities and Exchange
Commission (the "SEC") on October 13, 2021.
the current adjournment, the Company expects to continue to solicit votes from its shareholders with respect to the proposals set forth
in the Company's proxy statement. As set forth in the proxy statement, the Company has engaged a proxy solicitor, Alliance Advisors
to assist management with obtaining adequate votes to achieve the required quorum of at least a majority of the outstanding shares of
shareholders of record, as of the record date, October 1, 2021, are entitled to and are being requested to vote. At the time Annual Meeting
was again adjourned, proxies had been submitted by stockholders representing approximately 40% of the shares of the Company's common
stock outstanding and entitled to vote at the Annual Meeting. Proxies previously submitted in respect of the Annual Meeting will be voted
at the adjourned Annual Meeting unless properly revoked, and stockholders who have previously submitted a proxy or otherwise voted need
not take any action.
Company encourages all shareholders of record on October 1, 2021, whom have not yet voted, to do so by February 24, 2022 at 11:59 p.m.
(Eastern Time). Shareholders who have any questions or require any assistance with completing a proxy or voting instruction form or who
do not have the required materials, may contact Alliance Advisors, using the following contact information 200 Broadacres Drive, 3rd
Fl., Bloomfield, NJ 07003, Telephone: Toll Free: 1-855-723-7816 and Outside North America: 1-973-873-7700 Email: OGEN@allianceadvisorsllc.com.
the number of additional shares of common stock voted at the adjourned Annual Meeting is not sufficient to reach a quorum, the Company
may seek to adjourn the Annual Meeting again, which will require the Company to incur additional costs.
material may be deemed to be solicitation material in respect of the Annual Meeting to be reconvened and held on February 25, 2022. In
connection with the Annual Meeting, the Company filed a definitive proxy statement with the SEC on October 13, 2021. BEFORE MAKING ANY
VOTING DECISIONS, SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC,
BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE ANNUAL MEETING. The definitive proxy statement was mailed to shareholders who are
entitled to vote at the Annual Meeting. No changes have been made in the proposals to be voted on by stockholders at the Annual
Meeting. The Company's proxy statement and any other materials filed by the Company with the SEC can be obtained free of charge
at the SEC's website at sec.gov or the Company's website https://ir.oragenics.com/all-sec-filings.
Inc. is a development-stage company dedicated to fighting infectious diseases including coronaviruses and multidrug-resistant organisms.
Its lead product is Terra CoV-2, a vaccine candidate to prevent COVID-19 and variants of the SARS-CoV-2 virus. The Terra CoV-2 program
leverages coronavirus spike protein research licensed from the National Institute of Health and the National Research Council of Canada
with a focus on addressing supply-chain challenges, and offering more patient-friendly administration, such as intranasal. Its lantibiotics
program features a novel class of antibiotics against infectious diseases that have developed resistance to commercial antibiotics.
more information about Oragenics, please visit www.oragenics.com.
Sullivan, Interim Principal Executive Officer and Chief Financial Officer