Avid Bioservices Inc (CDMO)

[exwannabe]

Ronin's PPHM BoD Candidate Nominations.

CP, the deadline for submitting the nominations is Aug 15th.

Your "120 day" deadline is for submitting a nomination recommendation for nomination. That is a totally different beast.

The "recommendation" is asking the nominating committee to consider them in their choice for who they recommend shareholders vote for.

A nomination OTOH, is an actual nomination to make them eligible to receive votes.


From the last ASM proxy

Quote:
In accordance with our Bylaws, stockholders may nominate a candidate for election as director by complying with certain notice and other requirements set forth therein. For a stockholder to make any nomination for election to the Board of Directors at the 2017 Annual Meeting of Stockholders, the stockholder must provide notice to the Company, which notice must be delivered to, or mailed and received at, the Company’s principal executive offices not earlier than the close of business on June 15, 2017 and not later than the close of business on August 15, 2017. However, if the 2017 Annual Meeting of Stockholders is not held between September 13, 2017 and November 12, 2017, the notice must be delivered no earlier than the close of business on the 120th day nor later than the close of business on the 90th day prior to the 2017 Annual Meeting of Stockholders or, if later, the 10th day following the day on which public disclosure of the date of the 2017 Annual Meeting of Stockholders is made. ...


The other deadline is from the Nominating committee charter

Quote:
10. Timing for Submissions Regarding Nominees for Election at Annual Meetings. A stockholder (or group of stockholders) wishing to submit a nominating recommendation for an annual meeting of stockholders must ensure that it is received by the Company, as provided above, not later than 120 calendar days prior to the first anniversary of the date of the proxy statement for the prior annual meeting of stockholders. In the event that the date of the annual meeting of stockholders for the current year is more than 30 days following the first anniversary date of the annual meeting of stockholders for the prior year, the submission of a recommendation will be considered timely if it is submitted a reasonable time in advance of the mailing of the Company's proxy statement for the annual meeting of stockholders for the current year.

The second is not a deadline for nominating, it is a deadline for requesting the Nominating Committee consider your candidate as the "company" nominee.