Good morning. I'm Dr. Marc Hertz, Chief Executive Officer of GRI Bio Inc., and I'm very happy to welcome you to a special meeting of stockholders of GRI Bio Inc. I will act as Chairperson of this meeting. Before proceeding to the business of the meeting, I'd like to introduce you to Leanne Kelly, Chief Financial Officer of the company, who will act as Secretary of the meeting. Also present today is Melanie Ruthrauff Levy from Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., the company's outside legal counsel, and Gary Wozniak of Broadridge Corporate
Issuer Solutions, Inc., who will act as the Inspector of Elections for this meeting. This meeting is held pursuant to a printed notice mailed on or about December 29th, 2025, to each stockholder of record who is entitled to vote at this meeting.
The count of shares present immediately prior to the commencement of the meeting indicated that 4,874,725 shares of the company's voting capital stock were present in person or by proxy. This is 48.16% of the outstanding voting stock of the company. I hereby declare a quorum present at the meeting. On behalf of the Board of Directors of the company, I would like to express my appreciation to all stockholders who returned their proxies.
The first matter to be acted upon by the stockholders is the vote of the approval of an amendment to the Amended and Restated Certificate of Incorporation of the company to effect a reverse stock split of the company's Common Stock at a ratio within the range not less than one for two and not greater than one for 30, with the exact ratio to be set within this range by our Board of Directors without reducing the authorized number of shares of the company's Common Stock, and with our Board of Directors able to elect to abandon such proposed
amendment and not effect the reverse stock split authorized by our stockholders in its sole discretion, as described in the Proxy Statement. We will refer to this proposal as the Amendment Proposal.
The second matter to be acted upon by the stockholders is the vote on the approval of the adjournment of the special meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are not sufficient votes in favor of the amendment proposal. We will refer to this proposal as the adjournment proposal. We would now like to provide an opportunity for any questions. Please feel free to ask your questions at this time. The stockholders who are voting at the meeting on this proposal should vote now. Voting is by proxy and electronic ballot. You do not need to vote at this meeting if you have already submitted your signed proxy.
Those of you who would like to vote today may do so by clicking on the button on your screen entitled "Vote Here." After voting has been completed, votes will be counted. Please vote using the link provided in the webcast. At this time, I hereby declare the polls closed. We will prepare the preliminary results of the voting at this time. Will the Secretary please report the preliminary results at this time?
We have completed a preliminary count of the ballots, and the requisite votes have been voted for the amendment proposal and the adjournment proposal.
I hereby declare that the amendment proposal and the adjournment proposal have been duly approved. After the final tabulation has been completed and shall be placed within the minutes of this meeting, we expect to report our preliminary voting results or, if available to us on a timely basis, our final voting results on a current report on Form 8-K to be filed with the SEC within four business days after the date of this meeting. If not earlier reported, we expect to report our final voting results in an amendment to our Form 8-K within four
business days after the final results are known to us. Thank you. This concludes the formal portion of our meeting. I would again like to express my sincere appreciation to the stockholders who attended the meeting and voted, as well as those who submitted their proxies. The meeting is now formally adjourned.
Ladies and gentlemen, this concludes today's meeting. We thank you for participating. You may now disconnect your lines.