Senseonics Holdings Files 2025 Proxy Statement

TL;DR

Senseonics filed its proxy statement for the 2025 shareholder meeting - vote on directors & auditors.

AI Summary

Senseonics Holdings, Inc. filed its definitive proxy statement (DEF 14A) on November 29, 2024, for its 2025 annual meeting of stockholders. The filing outlines the proposals to be voted on, including the election of directors and the ratification of the appointment of its independent registered public accounting firm. The company is seeking shareholder approval for these matters to ensure continued corporate governance and financial oversight.

Why It Matters

This filing is crucial for shareholders as it details the company's governance plans and provides information necessary for them to cast informed votes on key corporate decisions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) detailing upcoming shareholder votes, not an event that inherently increases company risk.

Key Players & Entities

• Senseonics Holdings, Inc. (company) — Registrant
• 2025 (date) — Fiscal Year End
• 1231 (date) — Fiscal Year End
• November 29, 2024 (date) — Filing Date

FAQ

Key Financial Figures

• $15,000 — formation support, for a service fee of $15,000 and the reimbursement of customary disb

Filing Documents

• tm2428672-2_def14a.htm (DEF 14A) — 296KB
• px_24senseonicspy01pg01-bw.jpg (GRAPHIC) — 331KB
• px_24senseonicspy01pg02-bw.jpg (GRAPHIC) — 161KB
• 0001104659-24-123891.txt ( ) — 934KB

Forward-Looking Statements

Forward-Looking Statements This proxy statement, including statements in "The Reverse Stock Split Proposal," contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations and involve risks and uncertainties. Forward-looking statements may include statements regarding the expected or potential benefits of implementing a Reverse Stock Split as described in this proposal, as well as the expected sufficiency of our currently authorized and available shares in the near term, and other forward-looking information herein. No forward-looking statement can be guaranteed and actual results may differ materially from those stated or implied by forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, except 9 as required under applicable law. Forward-looking statements should be evaluated together with the many risks and uncertainties that affect our business, particularly those mentioned under the "Risk Factors" heading of our Annual Report on Form 10-K for the year ended December 31, 2023 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, and any subsequently filed report containing "Risk Factors." Reasons for Reverse Stock Split Our Board of Directors has determined that it is desirable and in the best interests of Senseonics and its stockholders to combine our shares of common stock at a reverse stock split ratio in the range of 1-for-25 through 1-for-50, as determined by the Board of Directors at a later date, in order to reduce the number of shares of common stock outstanding. Our Board of Directors is submitting the proposed authorization for a Reverse Stock Split to our stockholders for approval in order to obtain the flexibility to reduce the number of issued and outstanding shares and to potentially increase the per share trading price of our common stock, which the Boar

View Full Filing

View this DEF 14A filing on SEC EDGAR