Morning, ladies and gentlemen. I'm Sujal Patel, I'm the President and Chief Executive Officer and a member of the Board of Directors of Nautilus Biotechnology, Inc. It's a pleasure to welcome you to the 2026 virtual annual meeting of stockholders. I will act as Chairperson of this meeting. We will begin today with the formal business of the meeting. We'll follow with a question and answer session. Before proceeding further, I'd like to introduce the company's Directors who are present virtually at this meeting. With us today are Melissa Epperly, Farzad Nazem, Matt McIlwain, and Matt Posard. I would also like to welcome the corporate officers who are present virtually at this meeting. Along with me, we have Parag Mallick, Nautilus's Chief Scientist and a member of the Board of Directors of the company, Anna Mowry, Nautilus's Chief Financial Officer, and Matt Murphy, Nautilus's General Counsel. I would like to introduce Mr. Christopher Alade from our auditors, PricewaterhouseCoopers LLP, Mr. Zach Myers, our legal counsel from Wilson Sonsini Goodrich & Rosati, both of whom are present virtually at this meeting. We have asked Mr. Myers to act as Secretary of the meeting and record the minutes of this meeting. Also present virtually is Mr. Richard Leza with The Carideo Group, who will serve as Inspector of Election for the meeting. This annual meeting is being held in accordance with the company's bylaws and Delaware law. During the formal meeting, we will address the matters described in the company's proxy statement dated April 28th, 2026. When we complete the balloting, we will announce the results of the vote. We will adjourn the formal meeting. After we complete the formal meeting, Ms. Mowry, Mr. Murphy, and I will be available to take questions from stockholders. We remind you that the rules of conduct for this meeting are available to review on the website used to access this meeting. We intend to follow these rules during the meeting. I will now turn the call over to Matt Murphy, Nautilus's General Counsel, who will conduct the formal part of the meeting. Good morning, everyone. Thank you for joining us today. I have proof by affidavit that notice of this meeting has been duly given that a Notice of Internet Availability of Proxy Materials relating to the 2026 annual meeting was mailed on or about April 28th, 2026, to all stockholders of record on April 20th, 2026, the record date for this annual meeting. We have at this meeting a list of the stockholders as of that date. The affidavit of mailing, together with copies of the notice, proxy statement, and proxy, will be filed with the minutes of this meeting. The Inspector of Election has signed the oath of the Inspector of Election, which will also be filed with the minutes of this meeting. The Inspector of Election has advised me that we have present in person at the virtual meeting and by proxy a sufficient number of shares to constitute a quorum on all matters being presented at the meeting. The meeting is duly constituted. For the purposes of this annual meeting, we will vote by proxy and virtually via the Internet today. For all proposals to be voted upon at this annual meeting, each holder of common stock is entitled to one vote for each share of common stock held of record at the close of business on the record date. If you have turned in a proxy and do not intend to change your vote, it is not necessary that you vote at this virtual meeting because we will count your proxy. Those of you who do not turn in a proxy or who wish to change your vote may do so by clicking the "Vote Here" button on the website used to access this meeting and following the instructions provided. The votes cast today will be counted in the final tally, along with the proxies previously received. It is now 10:03 A.M. on June 17th, 2026, and the polls for each matter to be voted on at this meeting are now open. The first order of business is the election of the Class II directors. This item is discussed on pages 19 and 21 of the proxy statement. The company's Board of Directors presently consists of seven authorized directorships divided into three Classes with staggered three-year terms comprising two Class I directorships, two Class II directorships, and three Class III directorships. Today, we are electing two Class II directors. The directors that the stockholders elect at today's meeting will hold office until the 2029 annual meeting of stockholders or until his or her successor is duly elected and qualified. As indicated in the company's proxy statement, the Board of Directors has nominated Parag Mallick and Farzad Nazem to serve as our Class II directors. The company's bylaws require that a stockholder wishing to nominate a director candidate provide advance notice to the company of the stockholder's intent. No such notice was received. Accordingly, I declare the nominations for directors are closed. The second order of business is the ratification of the appointment by the audit committee of our Board of Directors of PricewaterhouseCoopers LLP, as the company's independent registered public accounting firm for the fiscal year, which will end on December 31st, 2026. This item is discussed on pages 20 and 21 of the proxy statement. The audit committee of our Board of Directors selects the company's independent registered public accounting firm annually. The audit committee has appointed PricewaterhouseCoopers LLP, as our independent registered public accounting firm for the fiscal year ending December 31, 2026. The audit committee is asking the stockholders for ratification of their appointment. Stockholder ratification is not required by the company's bylaws or other applicable legal requirements. However, the audit committee is submitting the appointment to the stockholders for ratification as a matter of good corporate governance. The third order of business is to vote to approve, on an advisory basis, the compensation of our named executive officers for the fiscal year ended December 31st, 2025, as set forth at page 22 of the proxy statement. This proposal, commonly referred to as the Say on Pay proposal, is advisory and therefore is not binding on the company, our compensation committee, or our Board of Directors. The Say on Pay Vote will, however, provide information to us regarding investor sentiment about our executive compensation philosophy, policies, and practices, which our compensation committee will be able to consider when determining executive compensation. The fourth order of business is to vote to approve, on an advisory basis, the frequency of future Say on Pay Votes. In particular, we are asking our stockholders to indicate whether future Say on Pay Votes should occur every year, every two years, or every three years, as set forth on page 23 of the proxy statement. Our Board of Directors will take into consideration the outcome of this vote in making a determination about the frequency of future Say on Pay Votes. Because this vote is non-binding, our Board of Directors may decide that it is in the best interest of our stockholders and the company to hold the Say on Pay Vote more or less frequently. In the future, we will propose an advisory vote on the frequency of Say on Pay Votes at least once every six calendar years. The final item of business is to transact such other business as may properly come before the meeting. No other business was proposed, we have no other items of business for this meeting. Those of you voting virtually via the Internet, please submit your ballot indicating the way you wish to vote. We will now briefly pause to enable those of you who are voting virtually to finish voting. It is now 10:08 A.M. on June 17th, 2026. The polls for each matter to be voted on at this annual meeting are now closed. No additional proxies, votes, changes, or revocations will be accepted. The Inspector of Election will now tabulate the proxies and votes submitted virtually via the Internet. The Inspector of Election has informed me that based upon a preliminary report of the proxies and votes which we have received, Parag Mallick and Farzad Nazem have been elected as Class II directors of Nautilus. The appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been ratified. The compensation of our named executive officers for the fiscal year ended December 31st, 2025, as set forth in the proxy statement, has been approved on an advisory basis. A frequency of every one year for future Say on Pay votes has been approved on an advisory basis. These are the preliminary results of voting. A definitive report of the results of the votes on each proposal will be filed with the minutes of this meeting. The final results will also be reported in our filings with the SEC. There being no further business to come before this meeting, the meeting is adjourned. Thank you for your attendance. This brings the formal business part of the meeting to an end. We will now proceed with our question and answer period. At this time, we would like to entertain questions or comments from our stockholders. Before we proceed, I'd like to note that during the course of the questions and answer period, representatives of the company may make forward-looking statements regarding future events or the future financial performance of the company, which involve risks and uncertainties. These forward-looking statements speak only as of our most recent press release announcing results for the first quarter ended March 31st, 2026. Nautilus disclaims any obligation to update these forward-looking statements except as may be required by law. Such statements are only predictions, and actual events or results could differ materially from those predictions due to a number of risks and uncertainties. I refer you to the documents the company files from time to time with the Securities and Exchange Commission, specifically the company's annual report on Form 10-K for the fiscal year ended December 31st, 2025, and its quarterly report on Form 10-Q for the fiscal quarter ended March 31st, 2026. These documents contain and identify important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. If you would like to submit a question, please do so by clicking on the Q&A button located on the bottom right-hand corner of your screen. We will now briefly pause to review any questions submitted. I have been informed that no questions have been submitted. With that, I want to thank you all for attending today's meeting and for the interest you have shown in the affairs of our company. We very much appreciate your attendance, and as always, thank you for your support. This concludes today's meeting. Thank you for attending, and have a pleasant day.
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