SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
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Titan Pharmaceuticals, Inc.
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
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The following letter was sent to certain large stockholders of our company:
Titan Pharmaceuticals, Inc. and Morrow Sodali LLC, Titan’s proxy solicitor, have been attempting to contact you by telephone, but have been unsuccessful. We are seeking your vote on the reverse stock split proposal prior to our upcoming special meeting, scheduled to be held on March 2, 2020.
The proposal requires a majority of our outstanding shares of common stock voting in favor in order to pass. Without a reverse split, we will be delisted from Nasdaq and believe our continued existence will be in peril as there will be insufficient shares available to finance operations beyond the third quarter. While we have received a strong favorable vote thus far, we have not yet achieved our goal, so your favorable vote is very important.
We would welcome the opportunity to speak to you regarding the proposal and can be reached at the following numbers:
|Sunil Bhonsle, Chief Executive Officer||(650) 989-2260|
|Marc Rubin, M.D., Executive Chairman||(201) 450-3050|
You can also reach Morrow Sodali LLC at 1-877-787-9239.
We thank you for your investment in Titan Pharmaceuticals and would greatly appreciate your support in this endeavor.
|Sunil Bhonsle||Marc Rubin|