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Sunshine Biopharma (NASDAQ: SBFM) shareholders approve board and expand equity plan

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(Neutral)
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Form Type
8-K

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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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): December 11, 2025

 

SUNSHINE BIOPHARMA INC.

(Exact name of registrant as specified in its charter)

 

Colorado 001-41282 20-5566275

(State or other jurisdiction

of incorporation)

(Commission File Number) (IRS Employer ID No.)

 

333 Las Olas Way

CU4 Suite 433

Fort Lauderdale, FL 33301

(Address of principal executive offices) (zip code)

 

(954) 330-0684

(Registrant’s telephone number, including area code)

 

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 $0.001 SBFM The Nasdaq Stock Market LLC
Common Stock Purchase Warrants SBFMW The Nasdaq Stock Market LLC

 

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))

 

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 5.07 Submission of Matters to a Vote of Security Holders.

 

On December 11, 2025, Sunshine Biopharma Inc. (the “Company”) held its annual meeting of stockholders. At the meeting, (i) Dr. Steve N. Slilaty, Mr. Camille Sebaaly, Dr. Rabi Kiderchah, Mr. David Natan, and Dr. Andrew Keller were each elected as directors of the Company to serve until the next annual meeting of stockholders or until their successors have been elected and qualified, (ii) stockholders ratified the board of directors’ appointment of M&K CPAS, PLLC as the Company’s independent registered public accounting firm for 2025, and (iii) stockholders approved an amendment to the Company’s 2023 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder to 683,000.

 

The vote on these matters was as follows:

 

(i) Election of Directors:

 

  FOR WITHHELD BROKER NON-VOTE
Dr. Steve N. Slilaty 130,382,043 58,298 1,774,854
Mr. Camille Sebaaly 130,382,204 58,137 1,774,854
Dr. Rabi Kiderchah 130,383,638 56,703 1,774,854
Mr. David Natan 130,382,135 58,206 1,774,854
Dr. Andrew Keller 130,383,893 56,448 1,774,854

 

 

(ii)  Ratification of the board of directors’ appointment of M&K CPAS, PLLC as the Company’s independent registered public accounting firm for 2025.

 

 

FOR AGAINST ABSTAIN BROKER NON-VOTE
132,026,819 177,963 10,413 0

 

 

(iii)  Approval of an amendment to the Company’s 2023 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder to 683,000.

 

FOR AGAINST ABSTAIN BROKER NON-VOTE
130,139,733 293,771 6,837 1,774,854

 

 

 

 

 

 

 

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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.

 

Dated: December 12, 2025 SUNSHINE BIOPHARMA INC.
   
   
  By: /s/ Dr. Steve N. Slilaty                                           
 

Dr. Steve N. Slilaty, Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

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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.

Sunshine Biopharma Inc

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