LONDON, Ontario and BOSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Sernova Corp. (TSX: SVA) (OTCQB: SEOVF) (FSE/XETRA: PSH), a leading regenerative medicine company focused on developing its Cell Pouch bio-hybrid organ as a functional cure for type 1 diabetes, today announced results from its annual and special general meeting of shareholders (the “Meeting”) held virtually via live audio webcast on January 10, 2025. At the Meeting, a total of 74,190,067 common shares were voted, representing 22.8% of the votes attached to all outstanding common shares as of the record date November 12, 2024.
The following resolutions were approved at the Meeting:
Director | For | % "For" | Against | % "Against" | |||
Tanya Lewis | 68,614,307 | 99.6% | 298,244 | 0.4% | |||
Bernd Muehlenweg | 68,717,307 | 99.7% | 195,244 | 0.3% | |||
David Paterson | 68,520,254 | 99.4% | 392,297 | 0.6% | |||
Jonathan Rigby | 68,515,054 | 99.4% | 397,497 | 0.6% | |||
Steven Sangha | 68,511,254 | 99.4% | 401,297 | 0.6% | |||
Ross Haghighat | 68,579,754 | 99.5% | 332,797 | 0.5% | |||
“The Board of Directors is pleased with the support clearly demonstrated by our shareholders,” said Jonathan Rigby, Sernova’s President and CEO. “We believe this is a new era for Sernova that is now reflected in our strengthened management team and Board, as well as our newly released corporate branding and reinvigorated corporate culture. We thank our shareholders for their confident support.”
ABOUT SERNOVA CORP
Sernova Corp. is a clinical-stage company developing regenerative medicine therapeutics combining its Cell Pouch with human donor cells or stem cells to create a bio-hybrid organ. A bio-hybrid organ refers to a medical device designed to be implanted into the human body, where it integrates with existing living tissue to replicate or enhance the function of a natural organ, essentially aiming to restore normal organ function by combining living cells with non-living materials to mimic the properties of the original organ and seamlessly interact with surrounding tissues. This innovative approach aims to deliver a potentially revolutionary treatment for patients with chronic diseases, initially focusing on type 1 diabetes and thyroid disorders.
FOR FURTHER INFORMATION, PLEASE CONTACT:
David Burke VP, Investor Relations (917) 751-5713 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: https://sernova.com/
The TSX has not reviewed this news release and does not accept responsibility for the accuracy or adequacy of this news release.
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Market Cap: | C$57.480M |
March 10, 2025 February 03, 2025 January 30, 2025 |
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