Lightwave Logic (NASDAQ: LWLG) shareholders back board slate and 2026 auditor
Rhea-AI Filing Summary
Lightwave Logic, Inc. held its 2026 Annual Meeting of Shareholders on May 21, 2026. As of April 6, 2026 the company had 150,610,710 shares of common stock outstanding, and 79,045,985 shares were represented in person or by proxy, establishing a quorum of approximately 52.4%.
Shareholders elected Laila Partridge and Thomas Connelly, Jr. as directors to serve until the 2029 Annual Meeting. They received 35,317,887 and 37,034,752 votes for, respectively, with broker non-votes recorded. Shareholders also approved the ratification of Stephano Slack LLP as the independent registered public accounting firm for fiscal year 2026 with 78,101,889 votes for, 66,274 against, and 877,822 abstentions.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares outstanding: 150,610,710 shares
Shares represented: 79,045,985 shares
Quorum percentage: 52.4%
+5 more
8 metrics
Shares outstanding
150,610,710 shares
Common stock outstanding as of April 6, 2026
Shares represented
79,045,985 shares
Shares present or by proxy at 2026 Annual Meeting
Quorum percentage
52.4%
Percentage of outstanding voting stock represented
Votes for Partridge
35,317,887 votes
Election of director Laila Partridge
Votes for Connelly Jr.
37,034,752 votes
Election of director Thomas Connelly, Jr.
Votes for auditor
78,101,889 votes
Ratification of Stephano Slack LLP for fiscal 2026
Votes against auditor
66,274 votes
Opposition to auditor ratification
Abstentions on auditor
877,822 votes
Abstain votes on auditor ratification
Key Terms
Annual Meeting of Shareholders, Broker Non-votes, Independent Registered Public Accounting Firm, quorum, +1 more
5 terms
Broker Non-votes financial
"Name | Votes For | Votes Withheld | Broker Non-votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Independent Registered Public Accounting Firm financial
"Ratify Stephano Slack LLP as the Company’s Independent Registered Public Accounting Firm for fiscal year 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
quorum financial
"79,045,985 shares were represented at the meeting by proxy and in person, representing approximately 52.4% of the outstanding voting stock; accordingly, a quorum was constituted."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
Emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters to a Vote of Security Holders"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What was the main purpose of Lightwave Logic (LWLG)'s 2026 Annual Meeting?
The main purpose was to elect directors and ratify the independent auditor. Shareholders chose two directors to serve until the 2029 Annual Meeting and approved Stephano Slack LLP as the independent registered public accounting firm for Lightwave Logic’s fiscal year 2026.
Which directors were elected at Lightwave Logic (LWLG)'s 2026 Annual Meeting?
Shareholders elected Laila Partridge and Thomas Connelly, Jr. to the Board of Directors. They will serve until the 2029 Annual Meeting of Shareholders or until successors are duly elected or appointed and qualified, reflecting shareholder support for the existing board leadership.
What were the vote results for the Lightwave Logic (LWLG) director elections?
Laila Partridge received 35,317,887 votes for and 4,722,836 withheld, with 39,005,262 broker non-votes. Thomas Connelly, Jr. received 37,034,752 votes for and 3,005,971 withheld, also with 39,005,262 broker non-votes recorded in the election results.