Predictive Oncology (NASDAQ: POAI), a science-driven company leveraging its proprietary artificial intelligence and machine learning capabilities, extensive biorepository of tumor samples, CLIA laboratory and GMP facility to accelerate oncologic drug discovery and enable drug development, has adjourned its Special Meeting of stockholders. The company held the meeting on April 17, 2023, at 3 p.m., and then adjourned without any business being conducted. The company cited “lack of the required quorum” as the reason for the adjournment. According to the announcement, the Special Meeting was adjourned to allow additional time for company stockholders to vote on the proposal to effect a reverse stock split of the outstanding shares of its common stock at a ratio of not less than one-for-two and not more than one-for-twenty-five; the exact ratio will be determined by POAI’s board of directors. The Special Meeting has been scheduled for April 19, 2023, at 3 p.m. Only stockholders of record as of the record date, which was March 28, 2023, are entitled to vote at the Special Meeting.
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About Predictive Oncology Inc.
Predictive Oncology is on the cutting edge of the rapidly growing use of artificial intelligence and machine learning to expedite early drug discovery and enable drug development for the benefit of cancer patients worldwide. The company’s scientifically validated AI platform, PEDAL, is able to predict with 92% accuracy if a tumor sample will respond to a certain drug compound, allowing for a more informed selection of drug/tumor type combinations for subsequent in-vitro testing. Together with the company’s vast biobank of more than 150,000 assay-capable heterogenous human tumor samples, Predictive Oncology offers its academic and industry partners one of the industry’s broadest AI-based drug-discovery solutions, further complimented by its wholly owned CLIA lab and GMP facilities. For more information about the company, please visit www.Predictive-Oncology.com.
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://ibn.fm/POAI
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