FEMASYS INC 8-K

What Happened
Femasys Inc. (FEMY) filed an 8-K disclosing results of its Annual Meeting held June 24, 2026. Holders of 1,487,447 shares (post 1-for-20 reverse stock split effective June 5, 2026), representing about 49.26% of outstanding shares, were present in person, virtually or by proxy. Stockholders elected two Class II directors for three-year terms (expiring at the 2029 annual meeting) and ratified KPMG LLP as the company’s independent registered public accounting firm for the 2026 fiscal year.

Key Details

• Meeting attendance: 1,487,447 shares voted (≈49.26% of outstanding), vote totals adjusted for 1-for-20 reverse split on June 5, 2026.
• Director elections:
  • Charles Larsen — For: 335,860; Against: 23,988; Abstained: 16,345; Broker non-votes: 1,111,254.
  • Kenneth Eichenbaum — For: 345,194; Against: 15,126; Abstained: 15,873; Broker non-votes: 1,111,254.
• Auditor ratification: KPMG LLP approved as independent registered accounting firm — For: 1,458,536; Against: 28,911; Abstentions: 0.

Why It Matters
Board elections confirm leadership continuity through 2029, which affects corporate oversight and strategic direction. Ratification of KPMG ensures continuity of the company’s external audit for 2026, an important factor for financial reporting and investor confidence. The large number of broker non-votes on the director elections (1,111,254) indicates many shares were held by brokers/institutions and not voted on those director matters.