Company’s adjourned meeting of stockholders was reconvened on
July 8, 2021, to consider and vote on approval of an amendment to
our Certificate of Incorporation to effect an increase in
authorized common stock from 300,000,000 shares to 400,000,000
shares (“Proposal 3”). As disclosed below under Item
8.01, incorporated herein by reference, upon motion the Annual
Meeting was adjourned on Proposal 3.
Item 8.01 Other Events.
time of reconvening the Annual Meeting on July 8, 2021, there were
insufficient votes to pass Proposal 3, which sought an amendment to
the Company’s Certificate of Incorporation to effect an
increase in authorized common stock from 300,000,000 shares to
400,000,000 shares. The meeting was adjourned on Proposal 3, and as
announced at the meeting, such meeting will reconvene at 9:00 a.m.
Eastern Daylight Time on August 6, 2021 virtually at
http://www.virtualshareholdermeeting.com/PTN2021. During the period
of adjournment, the Company will continue to accept stockholder
votes on Proposal 3.