Anavex faces a proxy fight at its virtual annual meeting on Sept. 24, 2026, with PVG Asset Management running a rival slate for six board seats.
The board’s executive committee urged investors to vote its WHITE universal proxy card for its six nominees, not PVG’s candidates.
The contest follows the April 30, 2026 termination of CEO Christopher Missling for cause, with Missling pursuing arbitration and a separate New York lawsuit.
Anavex estimated about USD 1.3 million in proxy contest expenses, including roughly USD 500,000 for solicitor Innisfree.
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