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On 30 June 2025 Akari Therapeutics plc (AKTX) filed an 8-K summarizing the voting outcomes of its 2025 Annual General Meeting.
- Equity Incentive Plan: Shareholders increased the 2023 plan pool by 11.026 billion ordinary shares (5.513 million ADSs), raising the total to 19.806 billion shares (9.903 million ADSs). This equates to potential dilution of roughly 17 % relative to the 65.2 billion shares entitled to vote.
- Director Compensation: A one-time grant of options over 1.35 million ADSs (2.7 billion shares, 4.2 % of current capital) to six directors was approved.
- Board & Governance: All seven Class A directors were re-elected. FY-2024 financial statements and the remuneration report received advisory approval. BDO USA, P.C. and HaysMac LLP were confirmed as U.S. and U.K. auditors, respectively.
- Capital Authority: A general authority to allot up to USD 20 million nominal value of new shares and a five-year waiver of pre-emption rights were passed, providing management flexibility for equity financing.
All resolutions passed by wide margins, signalling strong shareholder support. The filing contains no new operating or earnings figures; the principal takeaway is the expanded capacity for equity issuance and compensation grants, which could dilute existing holders if fully utilized.