Good morning, ladies and gentlemen. My name is Ilan Danieli. I am the CEO and the Director of Precipio and I serve as the Chairman of this meeting. It is a pleasure to welcome our shareholders to this 2026 annual meeting of Precipio Inc. Before we proceed and call the meeting to order. I would like to introduce you to the other Directors and Senior Management of Precipio. In addition to myself, our company Directors include Richard Sandberg, Kathleen LaPorte, Christina Valauri, Dr. Jeffrey Cossman, David Cohen, and Ron Andrews. Mark Rimer and Douglas Fisher are observers on the Board of Directors. Our Officers include Matthew Gage, Chief Financial Officer, Ahmed Zaki, Chief Operating Officer, and Dr. Ayman Mohamed, Chief Technology Officer. Precipio's independent auditors are CBIZ CPAs, PC. The meeting is now called to order.
I have asked Ms. Chiko Radomski, our Chief Legal and People Officer to record the minutes. Before we turn to the annual meeting. I would like to review the process of submitting questions and answers by stockholders. We want to ensure stockholders are afforded the same rights and opportunities to participate in today's virtual meeting as they would be if the meeting were held in person, including the right to ask questions. If any stockholder wishes to address the Chairman during this meeting, please submit it by typing the question in the Ask a Question field at the bottom of the screen. Please make sure to type your name, affiliation, if any and the number of shares represented as of April 21st, 2026, the record date.
Please note that questions should be directly related to the proposals which are under consideration at this meeting as set out in our proxy statement. This annual meeting is being held in accordance with the corporation's bylaw and Delaware law.
The business before our meeting today is described in our notice and proxy statement a copy of which was mailed on or about April 28th, 2026, to all of our stockholders of record at the close of business on April 21st, 2026. A copy of the proxy statement, which set out the proposal under consideration of this meeting is also available on the screen for convenience. The Board of Directors have appointed Ms. Chiko Radomski to act as Inspector of Election for this annual meeting. She will tabulate the results of the voting. The Inspector of Election has signed the oath of her office, which will be filed with the minutes of this meeting. Ms. Chiko Radomski, do we have a quorum present?
Thank you, Ilan. Yes, we do. Of the 1,784,830 shares of common stock entitled to vote at the meeting, 1,063,293 shares are present. This represents 59.57% of the total number of outstanding shares of the company. Therefore, a quorum is present and you may carry on the official business of the meeting.
Thank you, Miri and thank you to our shareholders who responded and voted shares so we can meet this number. I declare that a quorum is present. We may now proceed to transact the business for which this meeting has been called. Let me briefly describe the voting procedures. If you have previously turned in your proxy and do not intend to change your vote, it is not necessary that you vote during the meeting. Your vote will be counted. If you are eligible to vote and have not submitted your vote or if you want to change your vote, click the Vote here button at the bottom right-hand corner of the screen of the annual meeting portal. It is now 10:03 A.M. on June 15th, 2026, and the polls for each matter to be voted on at this annual meeting are now open.
You may vote any time from now until the polls are closed immediately after the last item of business. Please note that we have two proposals to be considered by the stockholders at this meeting. Each of the proposals is described in detail in the proxy statement, which you may find at the bottom right-hand corner of the screen of the annual meeting portal. The first item of business is the proposal to elect Mr. Richard Sandberg, Christina Valauri, and Dr. Jeffrey Cossman as Class II directors, each for three-year terms set to expire at the 2029 annual meeting of stockholders or until their successors are duly elected and qualified. Each nominee is a current member of our board and has consented to serve if elected. The board of directors unanimously recommends that stockholders vote in favor of this proposal. Are there any questions concerning this proposal?
You may proceed, Ilan. I don't see any.
Thank you, Miri. The second and last item of business is to ratify the appointment of CBIZ CPAs P.C. as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The board of directors unanimously recommends that stockholders vote in favor of this proposal. Are there any questions concerning this proposal?
Please proceed, Ilan.
Thank you, Miri. Anyone who is voting at the meeting. Please vote now. We will pause for a moment to allow for final votes to be submitted.
Please proceed.
Thank you, Miri. It is now 10:05 A.M. on June 15th, 2026, and the polls for each matter to be voted on at this meeting are now closed. No additional votes, changes, or revocations will be accepted. Inspector of Election. Please report on the results of the voting.
With regard to Proposal One, Mr. Richard Sandberg, Ms. Christina Valauri, and Dr. Jeffrey Cossman, as Class II directors, were voted to be directors until the 2029 annual meeting of stockholders. With regard to Proposal Two the appointment of CBIZ CPAs, PC as the company's independent registered accounting firm for the fiscal year ending December 31st, 2026, has been ratified.
Thank you, Inspector of Election. I declare that Proposals One and Two presented at the meeting have all been approved. The final results of voting will be set forth in the report of the Inspector of Election and will be included in the minutes of the meeting. The final results will also be included in a current report on Form 8-K that will be filed with the SEC in the coming days. There being no other matters for consideration or discussion at this meeting. I hereby adjourn this meeting. Thank you everybody for attending and have a good day. Meeting adjourned at 10:07 A.M.
The meeting has now concluded. Thank you for joining and have a pleasant day.