Onconetix, Inc.
For the period ended Apr 30, 2026. Filed Mar 30, 2026.
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Apr 30, 2026 · Filed Mar 30, 2026
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DEF 14A 1 ea0283690-def14a_onconetix.htm DEFINITIVE PROXY STATEMENT
**UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
**Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
| Filed by the Registrant | ☒ |
|---|---|
| Filed by a Party other than the Registrant | ☐ |
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☐ | Confidential, for Use of the Commission Only (as Permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to §240.14a-12 |
**ONCONETIX, INC.
**(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
|---|---|
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
Onconetix, Inc.
201 E. Fifth Street, Suite 1900
Cincinnati, OH 45202
To the Stockholders of Onconetix, Inc.:
You are cordially invited to attend the special meeting of stockholders (the “Special Meeting”) of Onconetix, Inc. (“Onconetix” or the “Company”) to be held on April 30, 2026, beginning at 9:00 a.m., Eastern Time at the offices of Ellenoff Grossman & Schole LLP, 1345 6th Ave, New York, NY 10105.
| 1. | To grant discretionary authority to the Company’s Board of Directors (the “Board”) to amend the Onconetix Amended and Restated Certificate of Incorporation (the “Charter”) in order to effect one or more reverse stock splits of all outstanding shares of the Company’s common stock, par value $0.00001 per share (“Common Stock”), which amendment shall be substantially in the form appended to the accompanying proxy statement as Annex A (the “Reverse Stock Split Amendment”), at a ratio in the range of 1-for-2 to 1-for-10 (each, a “Reverse Stock Split”), provided that, (X) the Company shall not effect Reverse Stock Splits that, in the aggregate, exceed 1-for-100, and (Y) any such Reverse Stock Split is completed no later than the one year anniversary date of the Special Meeting(as defined herein) (“Reverse Stock Split Proposal”); |
| 2. | To approve the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Reverse Stock Split Proposal. (the “Adjournment Proposal”). |
The Board has fixed the close of business on March 13, 2026 as the record date (the “Record Date”) for the Special Meeting and only stockholders who held Common Stock of Onconetix as of the Record Date will be entitled to vote at the Special Meeting and at any adjournments and postponements thereof.
The Onconetix Board has unanimously determined and resolved that the Reverse Stock Split Proposal and the Adjournment Proposal are advisable and fair to, and in the best interests of, Onconetix and its stockholders, and has approved the Reverse Stock Split Amendment, subject to stockholder approval.Accordingly, the Onconetix Board unanimously recommends that Onconetix stockholders vote “FOR” each of the foregoing proposals.
**Your vote is important.**More information about Onconetix and the Special Meeting is contained in the accompanying proxy statement.You are encouraged to read the accompanying proxy statement in its entirety.
Very truly yours,
/s/ David Allan White
David Allan White
Chief Executive Officer
The accompanying proxy statement is dated March 30, 2026 and is first being mailed to the stockholders of Onconetix on or about March 31, 2026.
Onconetix, Inc.
**201 E. Fifth Street, Suite 1900
Cincinnati, OH 45202
**NOTICE OF SPECIAL MEETING
OF STOCKHOLDERS
TO BE HELD ON APRIL 30, 2026
TO THE STOCKHOLDERS OFOnconetix, Inc.:
NOTICE IS HEREBY GIVEN that a special meeting of stockholders (the “Special Meeting”) of Onconetix, Inc. (“Onconetix” or the “Company”), a Delaware corporation, will be held on April 30, 2026, beginning at 9:00 a.m., Eastern Time at the offices of Ellenoff Grossman & Schole LLP, 1345 6th Ave, New York, NY 10105. You are cordially invited to attend the Special Meeting, which will be held for the following purposes:
| 1. | To grant discretionary authority to the Company’s Board of Directors (the “Board”) to amend the Onconetix Amended and Restated Certificate of Incorporation (the “Charter”) in order to effect one or more reverse stock splits of all outstanding shares of the Company’s common stock, par value $0.00001 per share (“Common Stock”), which amendment shall be substantially in the form appended to the accompanying proxy statement as Annex A (the “Reverse Stock Split Amendment”), at a ratio in the range of 1-for-2 to 1-for-10 (each, a “Reverse Stock Split”), provided that, (X) the Company shall not effect Reverse Stock Splits that, in the aggregate, exceed 1-for-100, and (Y) any such Reverse Stock Split is completed no later than the one year anniversary date of the Special Meeting(as defined herein) (“Reverse Stock Split Proposal”); |
| 2. | To approve the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Reverse Stock Split Proposal. (the “Adjournment Proposal”). |
The Proposals are described in the accompanying proxy statement,which we encourage you to read in its entirety before voting. Only holders of record of Common Stock at the close of business on March 13, 2026 are entitled to notice of the Special Meeting and to vote and have their votes counted at the Special Meeting and any adjournments or postponements of the Special Meeting. A complete list of Onconetix stockholders of record entitled to vote at the Special Meeting will be available for ten days before the Special Meeting at the principal executive offices of Onconetix for inspection by stockholders during ordinary business hours for any purpose germane to the Special Meeting.
The Onconetix Board unanimously recommends that Onconetix stockholders vote “FOR” each of the foregoing proposals.
Assuming a quorum is present at the Special Meeting, the proposals presented here require the affirmative vote of the majority of the votes cast by stockholders present or represented by proxy and entitled to vote on the matter at the Special Meeting. Whether or not you plan to attend the Special Meeting, please vote by proxy over the internet using the instructions included with the accompanying proxy card, or promptly complete your proxy card and return it in the enclosed postage-paid envelope, in order to authorize the individuals named on your proxy card to vote your shares of Common Stock at the Special Meeting. If you hold your shares through a broker, bank or other nominee in “street name” (instead of as a registered holder) please follow the instructions on the voting instruction form provided by your bank, broker or nominee to vote your shares. The list of Onconetix stockholders entitled to vote at the Special Meeting will be available at Onconetix’s headquarters during regular business hours for examination by any Onconetix stockholder for any purpose germane to the Special Meeting for a period of at least ten days prior to the Special Meeting. The stockholder list will also be available for examination during the Special Meeting.
PLEASE VOTE AS PROMPTLY AS POSSIBLE, WHETHER OR NOT YOU PLAN TO ATTEND THE SPECIAL MEETING, VIA THE SPECIAL MEETING WEBSITE. IF YOU LATER DESIRE TO REVOKE OR CHANGE YOUR PROXY FOR ANY REASON, YOU MAY DO SO IN THE MANNER DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT. FOR FURTHER INFORMATION CONCERNING THE PROPOSALS BEING VOTED UPON, USE OF THE PROXY AND OTHER RELATED MATTERS, YOU ARE URGED TO READ THE ACCOMPANYING PROXY STATEMENT.
By Order of the Board,
/s/ David Allan White
David Allan White
Chief Executive Officer
Onconetix, Inc.
IF YOU RETURN YOUR PROXY CARD WITHOUT AN INDICATION OF HOW YOU WISH TO VOTE, YOUR SHARES WILL BE VOTED IN FAVOR OF EACH OF THE PROPOSALS.
This proxy statement is dated March 30, 2026 and is first being mailed to the stockholders of Onconetix on or about March 31, 2026.
TABLE OF CONTENTS
| Page | |
|---|---|
| REFERENCES TO ADDITIONAL INFORMATION | ii |
| FREQUENTLY ASKED QUESTIONS | iii |
| THE SPECIAL MEETING | 1 |
| PROPOSAL 1: THE REVERSE STOCK SPLIT PROPOSAL | 6 |
| PROPOSAL 2: ADJOURNMENT PROPOSAL | 15 |
| Beneficial Ownership of Securities | 16 |
| HOUSEHOLDING OF PROXY MATERIALS | 17 |
| Annex A | A-1 |
i
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