AKERS BIOSCIENCES : Submission of Matters to a Vote of Security Holders (form 8-K/A)

Item 5.07 Submission of Matters to a Vote of Security Holders.

As previously reported in the Original Form 8-K, in an advisory vote held at the 2020 Annual Meeting on the frequency of future Say-on-Pay Votes, the Company's stockholders expressed their preference for a Say-on-Pay Vote to be conducted every three years. On January 22, 2021, the Company's board of directors considered the outcome of this advisory vote and determined that future Say-on-Pay Votes will be conducted every three years. The Company's board of directors will re-evaluate this determination after the next stockholder advisory vote on the frequency of Say-on-Pay Votes (which will be at the 2026 Annual Meeting of Stockholders, unless presented earlier).

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