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2025-08-19
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
August 19, 2025
ORAMED PHARMACEUTICALS INC.
(Exact name of registrant as specified in its charter)
delaware |
|
001-35813 |
|
98-0376008 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
1185 Avenue of the Americas, Third Floor,
New York, New York |
|
10036 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
844-967-2633
(Registrant’s telephone number, including
area code)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section
12(b) of the Act:
Title of each class |
|
Trading symbol |
|
Name of each exchange on which registered |
Common Stock, par value $0.012 |
|
ORMP |
|
The Nasdaq Capital Market,
Tel Aviv Stock Exchange |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 19, 2025, Oramed Pharmaceuticals Inc.
(the “Company”) held its 2025 Annual Meeting of Stockholders. At the 2025 Annual Meeting of Stockholders, the Company’s stockholders
approved an amendment of the Company’s Amended and Restated 2019 Stock Incentive Plan, as amended (the ” Amended and Restated
2019 Plan”), to increase the aggregate number of shares of common stock, par value $0.012 per share, of the Company (“Common
Stock”) authorized for issuance under the Amended and Restated 2019 Plan by 2,000,000 shares of Common Stock to 9,500,000 shares
of Common Stock. The amendment to the Amended and Restated 2019 Plan previously had been approved, subject to stockholder approval, by
the Company’s Board of Directors.
The Company’s officers and directors are among
the persons eligible to receive awards under the Amended and Restated 2019 Plan in accordance with the terms and conditions thereunder.
A detailed summary of the amendment to the Amended and Restated 2019 Plan is set forth in the Company’s Definitive Proxy Statement on
Schedule 14A for the 2025 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on July 16, 2025 (the “Proxy
Statement”) under the caption “Proposal 3: Amendment to Incentive Plan,” which summary is incorporated herein by reference.
The full text of the amendment to the Amended and Restated 2019 Plan is attached as Appendix A to the Proxy Statement and incorporated
herein by reference.
Item 5.07. Submission of Matters to a Vote
of Security Holders.
On August 19, 2025, the Company held its 2025
Annual Meeting of Stockholders. The final voting results at the 2025 Annual Meeting of Stockholders are set forth below.
Proposal No. 1 - Re-election of Directors.
The stockholders re-elected the following directors
of the Company to hold office until the next annual meeting of stockholders and until their respective successors shall be elected and
qualified or until their earlier resignation or removal. The votes were as follows:
Director Name | |
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
Dr. Daniel Aghion | |
| 13,045,437 | | |
| 163,976 | | |
| 1,192,536 | | |
| 6,384,104 | |
| |
| | | |
| | | |
| | | |
| | |
Dr. Miriam Kidron | |
| 13,031,039 | | |
| 1,333,997 | | |
| 36,913 | | |
| 6,384,104 | |
| |
| | | |
| | | |
| | | |
| | |
Nadav Kidron | |
| 12,989,716 | | |
| 1,375,014 | | |
| 37,219 | | |
| 6,384,104 | |
| |
| | | |
| | | |
| | | |
| | |
Dr. Arie Mayer | |
| 12,994,256 | | |
| 215,059 | | |
| 1,192,634 | | |
| 6,384,104 | |
| |
| | | |
| | | |
| | | |
| | |
Yehuda Reznick | |
| 13,036,242 | | |
| 172,951 | | |
| 1,192,756 | | |
| 6,384,104 | |
| |
| | | |
| | | |
| | | |
| | |
Leonard Sank | |
| 12,888,223 | | |
| 320,710 | | |
| 1,193,016 | | |
| 6,384,104 | |
| |
| | | |
| | | |
| | | |
| | |
Benjamin Shapiro | |
| 12,456,964 | | |
| 753,720 | | |
| 1,191,265 | | |
| 6,384,104 | |
Proposal No. 2 – Ratification of Independent
Registered Public Accounting Firm for the 2025 Fiscal Year.
The stockholders ratified the appointment of Kesselman
& Kesselman, certified public accountants in Israel, a member of PricewaterhouseCoopers International Limited, as the independent
registered public accounting firm of the Company for the 2025 fiscal year. The votes were as follows:
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| 19,408,725 | | |
| 1,359,336 | | |
| 17,992 | | |
| 0 | |
Proposal No. 3 – Approval of an Amendment
to the Company’s Amended and Restated 2019 Stock Incentive Plan.
The stockholders approved an amendment to the
Company’s Amended and Restated 2019 Stock Incentive Plan. The votes were as follows:
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| 12,254,197 | | |
| 2,106,100 | | |
| 41,652 | | |
| 6,384,104 | |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
ORAMED PHARMACEUTICALS INC. |
|
|
|
|
By: |
/s/ Nadav Kidron |
|
Name: |
Nadav Kidron |
|
Title: |
President and CEO |
August 21, 2025