Good morning. I'm Erik Holmlin, President, CEO, and a Director of Bionano Genomics Incorporated. I'm very happy to welcome you to the Bionano 2024 Annual Meeting of Stockholders. Before I call the meeting to order, I would like to introduce to you the members of our board and our business team who are here with us today. Since the meeting is being held virtually via live webcast, we have stockholders attending via web portal. In attendance today are board members David Barker, and Albert Luderer, and other members of the board. Also in attendance are Gülsen Kama, our Chief Financial Officer, Jonathan Dixon, our General Counsel, Mark Oldakowski, our Chief Operating Officer, and Alka Chaubey, our Chief Medical Officer. Today we are transitioning the Chairman of our Board of Directors from David Barker to Al Luderer, as outlined previously and in line with our plan and good corporate governance practices.
It has been a pleasure working with David, and I want to thank him for his many years of service as Chairman, and we look forward to his continued contributions as a member of the board. Thank you, David. The board and I are extremely pleased that Al has accepted the Chairman appointment. Al has been on the Bionano board since 2011 and remains an invaluable source of direction and guidance for the company, with decades of highly relevant industry experience. Al's vision for the company is closely aligned with our mission to transform the way the world sees the genome through optical genome mapping solutions. We are looking forward to working with Al in his new role as Chairman. Welcome aboard, Al.
We also have present with us today Katie Wynn of BDO USA, P.C., Bionano's auditors, and Su Lian Lu and Alexander Gefter of Cooley LLP, Bionano's outside counsel, who are available to respond to appropriate questions. The meeting will now officially come to order, and we will proceed with the formal business of the meeting as set forth in the Notice of Annual Meeting and Proxy Statement. After the formal part of our meeting, we will give you an opportunity to ask additional questions. Jonathan Dixon is acting as Secretary of the meeting, and he will now report with respect to the mailing of the Notice of the meeting and the stockholders' list.
Thank you, Erik. I have at this meeting a complete list of the stockholders of record of our common stock on April 22nd, 2024, the record date for this meeting. I also have an affidavit certifying that on April 29th, 2024, a Notice of Annual Meeting was deposited in the United States Mail to all stockholders of record as of the close of business on April 22nd, 2024.
Thank you, Jonathan. Gülsen Kama has been appointed to act as Inspector of Election at this meeting. Gülsen has taken and subscribed the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of the meeting. The inspector's function is to decide upon the qualifications of voters, accept their votes, and when balloting on all matters is completed, to tally the final votes. Gülsen will now report with respect to the existence of a quorum. Gülsen.
Thank you, Erik. A preliminary count of the stock represented in person or by proxy at this meeting indicates that the holders of 44.94% of the outstanding shares of common stock entitled to vote at the meeting are present in person, by virtual attendance, or by proxy. This constitutes a quorum for the meeting today, and we may now carry out the official business of the meeting.
Thank you, Gülsen. We will now proceed with the formal business of this meeting. There are three proposals to be considered by the stockholders at this meeting. The time is now 10:06 A.M. Pacific Time on Tuesday, June 18th, 2024, and the polls are now open for voting on all matters to be presented. The polls will be closed to voting after we go through the matters to be voted on. The rules of conduct for the meeting are posted on the Annual Meeting portal. We ask that you follow these rules. We will address questions during the Q&A portion of the meeting. If you have a question, please submit it by entering it into the Ask a Question text box in the Annual Meeting portal.
The first item of business is the election of the Class 3 Directors to serve until the 2027 Annual Meeting and until their successors are duly elected and qualified, or until their earlier death, resignation, or removal. The nominees for Class 3 Directors are Christopher Twomey, Yvonne Linney, and Aleksander Rajkovic. You can find information regarding the background and qualifications of each of these nominees to serve as director in the Proxy Statement. Are there any questions? Okay. The second item of business today is the advisory vote on the executive compensation of the company's named executive officers as described in the Proxy Statement.
The stockholders have been asked to vote on an advisory basis on the following resolution: Resolved that the compensation paid to Bionano's named executive officers, as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the compensation tables and any related material disclosed in this Proxy Statement, is hereby approved. Are there any questions? Okay. The third item of business today is the ratification of the selection of BDO USA, P.C. by the Audit Committee of our Board of Directors to serve as Bionano's independent registered public accounting firm for the fiscal year ending December 31st, 2024. The appointment of BDO USA, P.C. is also discussed in the Proxy Statement. Are there any questions? Okay. Voting is by proxy and online ballot.
You do not need to do anything if you have already sent in your signed proxy, previously voted online or by telephone, or if you have submitted your proxy or voted online at this meeting. If you have not voted and you would like to vote now, or if you would like to change your vote, please click the Vote Here button in the Annual Meeting portal and follow the instructions. We'll pause for a moment to give anyone who hasn't yet voted a chance to do so. Each share of our common stock is entitled to one vote. Okay. The time is now 10:10 A.M. Pacific Time, and the polls are closed for voting. Gülsen?
The report of the Inspector of Election covering the proposal presented at this meeting is as follows. The proposal to elect each of Christopher Twomey, Yvonne Linney, Ph.D., and Aleksander Rajkovic, M.D., Ph.D., as a Class 3 Director of Bionano is carried. The resolution concerning the advisory vote on the compensation of the company's named executive officers is approved. The selection of BDO USA, P.C. as Bionano's independent registered public accounting firm for the fiscal year ending December 31st, 2024, is ratified. We expect to report our final voting results on a current report on Form 8-K to be filed with the SEC within four business days after the end of this meeting. Erik.
Thank you, Gülsen. This concludes the formal portion of today's meeting. We will now entertain questions from stockholders. If you have any questions or comments, please enter them into the web portal now. As we have not received any questions from stockholders, the call will end now. I want to thank you all for attending our 2024 Annual Meeting of Stockholders. Thank you, everyone. The meeting is now adjourned.
This now concludes the meeting. Thank you for joining and have a pleasant day.