Sunshine Biopharma (NASDAQ: SBFM) shareholders approve board and expand equity plan
Rhea-AI Filing Summary
Sunshine Biopharma Inc. reported the results of its annual stockholder meeting held on December 11, 2025. Stockholders elected five directors — including Dr. Steve N. Slilaty, Mr. Camille Sebaaly, Dr. Rabi Kiderchah, Mr. David Natan, and Dr. Andrew Keller — to serve until the next annual meeting or until successors are elected and qualified.
Shareholders also ratified the appointment of M&K CPAS, PLLC as the company’s independent registered public accounting firm for 2025. In addition, they approved an amendment to the 2023 Equity Incentive Plan, increasing the number of common shares authorized for issuance under the plan to 683,000, providing additional equity available for future employee and director compensation awards.
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FAQ
What did Sunshine Biopharma (SBFM) shareholders vote on at the December 11, 2025 annual meeting?
At the December 11, 2025 annual meeting, Sunshine Biopharma Inc. shareholders voted on three main items: the election of five directors, ratification of M&K CPAS, PLLC as the independent registered public accounting firm for 2025, and approval of an amendment to the 2023 Equity Incentive Plan to increase the shares authorized for issuance under the plan to 683,000.
Which directors were elected to the Sunshine Biopharma (SBFM) board at the 2025 annual meeting?
Shareholders elected five directors to the board of Sunshine Biopharma Inc.: Dr. Steve N. Slilaty, Mr. Camille Sebaaly, Dr. Rabi Kiderchah, Mr. David Natan, and Dr. Andrew Keller. Each will serve until the next annual meeting of stockholders or until a successor is elected and qualified.
Did Sunshine Biopharma (SBFM) shareholders approve the auditor for 2025?
Yes. Stockholders ratified the appointment of M&K CPAS, PLLC as Sunshine Biopharma Inc.’s independent registered public accounting firm for 2025. The vote on this item was 132,026,819 shares for, 177,963 against, and 10,413 abstaining, with no broker non-votes.
What change was made to Sunshine Biopharma’s 2023 Equity Incentive Plan?
Shareholders approved an amendment to the company’s 2023 Equity Incentive Plan. The amendment increases the number of shares of common stock authorized for issuance under the plan to 683,000, allowing the company to grant additional equity-based awards in the future.
How did Sunshine Biopharma (SBFM) shareholders vote on the equity incentive plan amendment?
For the amendment to the 2023 Equity Incentive Plan, shareholders cast 130,139,733 votes for, 293,771 votes against, and 6,837 abstentions, with 1,774,854 broker non-votes. The amendment to increase the shares authorized for issuance under the plan to 683,000 was approved.
When was the Sunshine Biopharma (SBFM) annual stockholder meeting held and who signed the report?
The annual stockholder meeting of Sunshine Biopharma Inc. was held on December 11, 2025. The report summarizing the voting results was signed on behalf of the company by /s/ Dr. Steve N. Slilaty, who is the company’s Chief Executive Officer.