ITEM 8.01. OTHER EVENTS.

The 2012 annual meeting of shareholders of Abaxis, Inc. (the "Company") is scheduled to take place at 10:00 a.m. local time on October 24, 2012 at the Company's offices in Union City, California. The notice of and proxy statement for such meeting was mailed on or about September 17, 2012 to the Company's shareholders of record on August 31, 2012.

On October 23, 2012, the United States District Court for the Northern District of California issued a preliminary injunction enjoining the shareholder vote at the annual meeting on Proposal 2 described in such proxy statement, which is a proposal to amend and restate the Company's 2005 Equity Incentive Plan. The injunction was issued in the matter captioned St. Louis Police Retirement System
v. Severson et al. (Case No. C-12-5086 (YGR)), pending the Company providing additional disclosures regarding such proposal. The Company intends to provide the additional disclosures in a supplement to the proxy statement shortly. The Company will hold its annual meeting on October 24, 2012 as previously scheduled. The other three proposals included in the proxy statement will be presented for shareholder consideration, and the Company then intends to adjourn the meeting with regard to Proposal 2 until 11:00 a.m. on November 8, 2012, at the Company's offices at 3240 Whipple Road, Union City, California. At that time, Proposal 2 will be presented for shareholder consideration. 1.

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