On April 9, 2018, 8IP Emerging Companies announced that further to the Company ASX announcement earlier April 9, 2018, the board of the Company notes that Aurora Funds Management Limited has confirmed its withdrawal of resolutions 1, 2 and 3 in the notice of meeting dated March 16, 2018, in respect of the meeting to be held on 16 April 2018. The Company added that resolutions 4, 5 and 6, being the appointment of Aurora Funds’s representative to the board, will continue to be put to shareholders, which means that only the appointment of Aurora Funds's nominee directors will now be considered by the meeting. In connection to this the Company continues to unanimously recommend all shareholders vote against all resolutions, as the board of the Company does not consider it to be in the interests of the Company or its shareholders to have 3 directors associated with a single minority shareholder.