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Moleculin Announces Intention to Adjourn 2020 Annual Meeting of Stockholders to June 15, 2020
HOUSTON, May 8, 2020 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company with a
About this update from Moleculin Biotech, Inc.
[{"type":"text","content":"HOUSTON, May 8, 2020 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) (\"Moleculin\" or the \"Company\"), a clinical stage pharmaceutical company with a broad portfolio of drug candidates targeting highly resistant tumors, today announced its intention to adjourn its 2020 Annual Meeting of Stockholders.\n\n \n \n \n \n \n \n\n \nThe adjourned Annual Meeting will be held on June 15th, 2020 at 1:30pm CT due to Harris County, Texas' recently extended stay-at-home order. To ensure the health and safety of its employees, shareholders, and others who attend the Annual Meeting, Moleculin will continue to carefully monitor the situation.\nMoleculin previously provided notice to shareholders that its 2020 Annual Meeting will be held at 1:30pm CT at its offices located at 5300 Memorial Drive, Suite 950, Houston, Texas 77007 on May 12th, 2020. Moleculin intends to call the meeting to order and immediately adjourn the meeting to June 15th, 2020 at 1:30pm. \nPlease note that the proxy card included with the previously distributed proxy materials will not be updated to reflect the adjournment and may continue to be used to vote shares in connection with the Annual Meeting. If you have already voted, you do not need to vote again.\nNo business will be conducted at the meeting on May 12th, 2020 other than to adjourn the meeting to a later date. Announcement of the voting results of the meeting will be deferred until the adjourned meeting.\nMoleculin may determine to convert its Annual Meeting from an in-person meeting to a virtual meeting. If Moleculin takes this step, the Company will announce the decision to do so in advance, and provide details on participation through a press release issued by the Company.\nAbout Moleculin Biotech, Inc.\nMoleculin Biotech, Inc. is a clinical stage pharmaceutical company focused on the development of a broad portfolio of oncology drug candidates for the treatment of highly resistant tumors. The Company's clinical stage drugs are: Annamycin, a Next Generation Anthracycline, designed to avoid multidrug resistance mechanisms with little to no cardiotoxicity being studied for the treatment of relapsed or refractory acute myeloid leukemia, more commonly referred to as AML, WP1066, an Immune/Transcription Modulator capable of inhibiting p-STAT3 and other oncogenic transcription factors while also stimulatin...