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Eloxx Pharmaceuticals, Inc. reports that as of the April 28, 2026 record date, there were 7,573,935 shares of common stock outstanding and entitled to vote. On that date, stockholders holding 4,324,964 shares, or 57.1% of the eligible shares, approved certain corporate actions by written consent.
The company has filed a preliminary information statement on Schedule 14C and plans to send a definitive information statement to shareholders. The approved actions will become effective only after the definitive statement is mailed, at least 20 calendar days have passed, and any other required corporate or regulatory conditions are satisfied.
Eloxx Pharmaceuticals furnished an Information Statement reporting that majority stockholders approved, by written consent, (1) increases and an amendment to its 2018 Equity Incentive Plan and (2) a reverse stock split authorizing a ratio between 1-for-2 and 1-for-20, with the Board to select the exact ratio on or prior to the one-year anniversary of the Record Date.
The Company states 7,573,935 shares of Common Stock were outstanding as of the Record Date of April 28, 2026. The First Amendment raised the plan Share Reserve to 20,000,000 shares (noting the Restated Plan shows a Share Reserve of 19,240,639) and increases the ISO limit ultimately to 80,000,000 shares; the Restated Plan extends the evergreen provision through January 1, 2036 and permits ISOs through April 27, 2036. The filing notes an OTC Experts Markets closing price of $0.084 per share on April 17, 2026.