Ventyx Biosciences reports annual meeting results

On Monday, Ventyx Biosciences , Inc. (NASDAQ:VTYX), a biosciences company with a market capitalization of $182 million and a "FAIR" financial health rating according to InvestingPro, disclosed the outcomes of its Annual Meeting of Stockholders held on June 4, 2025, in a recent 8-K filing with the Securities and Exchange Commission. The meeting saw the re-election of two Class I directors to serve until the 2028 annual meeting, the approval of executive compensation, and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The two nominees re-elected as Class I directors are Somasundaram Subramaniam, M.B.A., with 17,175,776 votes for and 14,517,133 votes withheld, and Sheila Gujrathi, M.D., with 29,409,104 votes for and 2,283,805 votes withheld. Both nominees also received 17,997,451 broker non-votes.

Additionally, the "say-on-pay" advisory vote on the compensation of the named executive officers received 20,421,575 votes for, 10,900,876 votes against, and 370,458 abstentions, with 17,997,451 broker non-votes.

Ernst & Young LLP’s appointment as the independent registered public accounting firm was ratified with an overwhelming majority of 47,804,128 votes for, 1,580,619 against, and 305,614 abstentions.

The meeting had a strong stockholder presence, with approximately 70% of the outstanding shares represented, either in person at the virtual meeting or by proxy. This level of participation reflects the stockholders’ active engagement in the governance of the company. The meeting comes at a time when the stock has shown significant momentum, posting a 29% return over the past week and trading near $2.67 per share. InvestingPro analysis reveals that while the company holds more cash than debt on its balance sheet, it’s currently trading slightly above its Fair Value.

This report is based on the official SEC filing by Ventyx Biosciences, Inc. and provides a factual summary of the key decisions made at the company’s annual meeting. With analyst price targets ranging from $2 to $21, investors seeking deeper insights can access comprehensive analysis and 12 additional ProTips through InvestingPro’s detailed research report.

In other recent news, Ventyx Biosciences Inc has received an Overweight rating from Piper Sandler, maintaining a price target of $21.00. This positive outlook is supported by Ventyx’s promising pipeline, including the upcoming Phase 2a study results for VTX2735 and the strategic acquisition of Vigil Neuroscience by Sanofi (NASDAQ:SNY). Piper Sandler’s analysts have expressed confidence in Ventyx’s NLRP3 portfolio, citing its potential across various high-value indications. Additionally, Ventyx has expanded its Scientific Advisory Board by adding seven internationally recognized scientists and clinicians. These experts bring significant expertise in neurodegenerative and cardiometabolic diseases, strengthening the company’s research efforts. The new advisory board members are expected to guide Ventyx in the development of its NLRP3 inhibitors, which are currently in Phase 2 studies for conditions such as Parkinson’s disease and recurrent pericarditis. Ventyx’s management has highlighted the strong safety and tolerability profile of their NLRP3 inhibitors, which are anticipated to yield important data in the coming years. The company’s recent developments underscore its commitment to advancing innovative treatments in the field of autoimmune and inflammatory diseases.

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