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Nabriva Therapeutics Adjourns Extraordinary General Meeting of Shareholders

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Nabriva Therapeutics has adjourned its extraordinary general meeting (EGM) scheduled for January 14, 2022, to gather additional shareholder proxies for a proposal outlined in its proxy statement from November 22, 2021. The EGM will reconvene on January 18, 2022, at 7:00 p.m. Irish time. Shareholders can vote online, by phone, mail, or in person. Proxies submitted prior to the adjournment will remain valid unless revoked. The company is known for its anti-infective agents, having received FDA approval for XENLETA and is developing CONTEPO.

Positive
  • Adjournment allows for better proxy solicitation, increasing the likelihood of proposal approval.
  • Nabriva is actively engaging with shareholders to secure necessary votes.
Negative
  • EGM adjournment may indicate difficulty in securing shareholder support for key proposals.
  • The need for additional proxies suggests potential uncertainty within shareholder base.

— Meeting to Reconvene on January 18, 2022 —

DUBLIN, Ireland and FORT WASHINGTON, Pa., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Nabriva Therapeutics plc (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections, today announced that it adjourned, without conducting any business, its extraordinary general meeting of shareholders (EGM) on January 14, 2022 to allow the Company to solicit from its shareholders the additional proxies necessary to obtain approval of the proposal described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on November 22, 2021 (Proxy Statement). The EGM will reconvene on Tuesday, January 18, 2022, beginning at 7:00 p.m. Irish time (2:00 p.m., U.S. Eastern Time) at 25-28 North Wall Quay, Dublin 1, Ireland.

The record date for the EGM continues to be the close of business on November 19, 2021. A shareholder of record may use one of the following methods to vote:

  • Vote by Internet at www.proxyvote.com until 11:59 p.m., U.S. Eastern Time, on January 17, 2022 using the pin number/other unique identifier appearing on the proxy card.
     
  • Vote by telephone by calling the toll-free telephone number 1-800-690-6903 until 11:59 p.m., U.S. Eastern Time, on January 17, 2022 using the pin number/other unique identifier appearing on the proxy card.
     
  • Vote by mail by completing, dating and signing the proxy card, and returning it in the postage-paid envelope provided with the Proxy Statement.
     
  • Vote in person by attending the EGM.

To vote shares held in “street name,” holders will need to follow the directions provided by their brokerage firms.

Proxies previously submitted in respect of the EGM will be voted at the reconvened EGM unless properly revoked; shareholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action. No changes have been made to the proposal to be voted on by shareholders at the EGM. The Proxy Statement is available at https://www.sec.gov/ and at www.proxyvote.com.

About Nabriva Therapeutics plc

Nabriva Therapeutics is a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective agents to treat serious infections. Nabriva Therapeutics received U.S. Food and Drug Administration approval for XENLETA® (lefamulin injection, lefamulin tablets), the first systemic pleuromutilin antibiotic for community-acquired bacterial pneumonia (CABP). Nabriva Therapeutics is also developing CONTEPO™ (fosfomycin) for injection, a potential first-in-class epoxide antibiotic for complicated urinary tract infections (cUTI), including acute pyelonephritis. Nabriva entered into an exclusive agreement with subsidiaries of Merck & Co. Inc., Kenilworth, N.J., USA to market, sell and distribute SIVEXTRO® (tedizolid phosphate) in the United States and certain of its territories.

Forward-Looking Statements

Any statements in this press release about future expectations, plans and prospects for Nabriva Therapeutics, including but not limited to statements about the date on which the EGM will reconvene and other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “likely,” “will,” “would,” “could,” “should,” “continue,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties regarding the solicitation of proxies and such other important factors as are set forth in Nabriva Therapeutics’ annual and quarterly reports and other filings on file with the SEC. In addition, the forward-looking statements included in this press release represent Nabriva Therapeutics’ views as of the date of this press release. Nabriva Therapeutics anticipates that subsequent events and developments may cause its views to change. However, while Nabriva Therapeutics may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Nabriva Therapeutics’ views as of any date subsequent to the date of this press release.

CONTACTS:

For Investors
Kim Anderson
Nabriva Therapeutics plc
IR@Nabriva.com

For Media
Andrea Greif
Ogilvy
andrea.greif@ogilvy.com
914-772-3027


FAQ

When will Nabriva's extraordinary general meeting reconvene?

Nabriva's extraordinary general meeting will reconvene on January 18, 2022.

Why was the extraordinary general meeting of Nabriva adjourned?

The meeting was adjourned to allow Nabriva to solicit additional proxies necessary for proposal approval.

How can shareholders vote for Nabriva's proposals?

Shareholders can vote by Internet, phone, mail, or in-person attendance at the reconvened EGM.

What proposals are being voted on in Nabriva's extraordinary general meeting?

The proposals are detailed in Nabriva's definitive proxy statement filed on November 22, 2021.

What is Nabriva Therapeutics known for?

Nabriva is known for developing innovative anti-infective agents, including FDA-approved XENLETA.

Nabriva Therapeutics plc

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