05/07/2026 | Press release | Distributed by Public on 05/07/2026 07:02
| Delaware | 001-37557 | 05-0605598 | ||||||
| (State or other jurisdiction of incorporation or organization) | (Commission File No.) | (I.R.S. employer identification number) | ||||||
| ☒ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
| Common Stock, Par value $0.001 per share | PEN | The New York Stock Exchange | ||||||
| Item 5.07. |
Submission of Matters to a Vote of Security Holders.
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1)
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Merger Proposal. A proposal to adopt the Agreement and Plan of Merger (the "Merger Agreement"), dated January 14, 2026, by and among the Company, Boston Scientific Corporation, a Delaware corporation ("Parent"), and Pinehurst Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company (the "Merger"), with the Company surviving as a wholly owned subsidiary of Parent, was approved based on the following results of voting:
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Votes For
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Votes Against
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Abstentions
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Broker Non-Votes
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| 28,564,786 | 85,334 | 15,813 |
N/A
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2)
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Advisory Compensation Proposal. A proposal to approve, on a non-binding, advisory basis, the compensation that the Company's named executive officers will or may be eligible to receive in connection with the Merger, was approved based on the following results of voting:
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Votes For
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Votes Against
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Abstentions
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Broker Non-Votes
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| 27,811,605 | 765,399 | 88,929 |
N/A
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3)
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Adjournment Proposal. A proposal to adjourn or postpone the Special Meeting, if necessary or appropriate, to solicit additional proxies if, immediately prior to such adjournment or postponement, there were not sufficient votes to approve the Merger Proposal or to ensure that any supplement or amendment to the Proxy Statement was timely provided to the Company's stockholders, received the following votes; however, because the Merger Proposal was approved, the Adjournment Proposal was not necessary.
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Votes For
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Votes Against
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Abstentions
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Broker Non-Votes
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| 27,309,440 | 1,295,803 | 60,690 |
N/A
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| Penumbra, Inc. | ||||||||
| Date: May 7, 2026 | By: | /s/ Johanna Roberts | ||||||
| Johanna Roberts | ||||||||
| Executive Vice President, General Counsel and Secretary | ||||||||