Elutia Inc. (ELUT) Earnings Call Transcript & Summary

Good afternoon, and welcome to the 2021 Annual Meeting of Stockholders for Aziyo Biologics, Inc. I will now turn the line over to Ron Lloyd, Mr. Lloyd?

Thank you. Good afternoon. I'm Ron Lloyd, the President and Chief Executive Officer of Aziyo Biologics, Inc. and Chairman of today's meeting. I'm very happy to welcome you to our 2021 Annual Meeting of Stockholders. On behalf of Aziyo Biologics, the members of the Board and company management, I hope everyone is safe and healthy. Before I call the meeting to order, I'd like to introduce you to the other members of the Board and the officers of the company who are with us today. Other members of the Board in attendance are Kevin Rakin, our Chairman of the Board, Brigid Makes, Randall Mills, Maybelle Jordan, and Matt Zuga. In addition, participating today are Matt Ferguson, our Chief Financial Officer; Tom Englese, our Chief Commercial Officer; Dr. Darryl Roberts, Executive Vice President of Operations and Product Development; Dr. Jerry Riebman, Chief Medical Officer; Jeff Hamet, our Vice President, Finance, Treasurer and Secretary; and Courtney Guyer, our Vice President of Marketing. Also joining us is Willie Bosenberg from PricewaterhouseCoopers, LLP, the company's independent registered public accounting firm, who is available to respond to relevant questions raised during the meeting. The meeting will now officially come to order. We will proceed with the formal business of the meeting as set forth in the notice of annual meeting and proxy statement. The poll's opened today, June 7, 2021, at 1:00 p.m. Eastern Time for voting on all matters before the meeting. If you've not already voted and wish to vote, the polls remain open until we finish presenting the proposals and close the polls. You do not need to vote during the meeting, if you've already voted and do not wish to change your vote. On the virtual meeting web page, you'll find the agenda for the meeting. You'll also find the rules of conduct for today's meeting. Please review the rules carefully. Note that only stockholders who are logged into the meeting, using their 16-digit control number, will be able to vote and submit questions at today's meeting. Our secretary will file proof of mailing, the notice of the meeting to stockholders of record on the record date with the company's record of the meeting. All stockholders of record at the close of business on April 13, 2021, or holders of a valid proxy are entitled to vote at the meeting. A complete list of holders of record of the outstanding shares of the company's common stock on the record date for the meeting is available on your screen, if you've logged into the meeting using your 16-digit control number. At this time, I'd like to introduce Ms. Catherine Blackwell, a representative of Broadridge financial services. The Board of Directors has appointed a representative of Broadridge to act as inspector of election at today's meeting. Ms. Blackwell has signed the customary oath of office to execute her duties with strict impartiality. We will file this out with the records of the meeting. I've been informed that a quorum is present. Therefore, I hereby declare the meeting to be duly constituted for the transaction of business. We will now proceed with the formal business of this meeting. There are 2 proposals to be considered by the stockholders at this meeting. The company recommends that stockholders vote for each of the Director nominees named in the first proposal and for the second proposal. The first item of business is the election of Maybelle Jordan; and W. Matthew Zuga to serve as Class I directors for the company for a term of office expiring at the annual meeting of stockholders to be held in 2024. The second item of business is the ratification of the Audit committee's appointment of PricewaterhouseCoopers, LLP as the company's independent registered public accounting firm for the year ending December 31, 2021. That is the final proposal for today's meeting. As a reminder, for the purpose of today's meeting, we welcome only those questions from stockholders about the 2 proposals discussed. [Operator Instructions] We'll now take questions.

There are no questions at this time.

Thank you. If you wish to vote and you haven't already, please vote now by clicking on the Voting button on the web portal and follow the instructions. You do not need to vote electronically if you've already sent in your signed proxy or if you've voted by telephone or internet. We'll now pause for approximately 30 seconds before closing the voting polls. [Voting]

The time now is 1:09 p.m. Eastern Time on June 7, 2021, and the polls are now closed for voting. Thank you very much. I've received the preliminary report of the inspector of election to be kept with the company's records of the annual meeting. Based on this preliminary report of the inspector of elections. First, Maybelle Jordan and W. Matthew Zuga have been elected as directors; and two, the appointment of PricewaterhouseCoopers, LLP as our independent registered public accounting firm for the year ending December 31, 2021, has been ratified. The final tally of votes will be published within 4 business days and a current report on Form 8-K to be filled with the Securities and Exchange Commission. With that, ladies and gentlemen, this concludes our annual meeting, and the meeting is now adjourned. I want to thank you for attending and for your interest in the affairs of Aziyo Biologics.