Celcuity Shareholders Approve Stock Plan Expansion and Elect Board

The latest announcement is out from Celcuity (CELC).

Celcuity Inc. investors have given the green light for significant expansions to the company’s stock incentive plan during the 2024 Annual Meeting. They approved an additional 1,500,000 shares to be made available under the 2017 Plan and agreed to a 250,000 share increase for the annual limit of incentive awards per recipient. Additionally, stockholders elected a new Board of Directors, ratified the appointment of an independent accounting firm, and endorsed the executive compensation plan, advocating for annual advisory votes on the matter. These decisions reflect a proactive approach to executive incentives and corporate governance by Celcuity’s shareholders.

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