Independent
Tenure on this board
11.8 yrs
6 nominees · 5 ballot items.
Election of six directors; ratification of Grant Thornton as independent auditor for 2025; advisory vote on executive compensation; Series A Conversion Proposal for issuance of conversion shares and related Nasdaq matters; adjournment proposal to allow additional proxy solicitation.
Election of six directors to hold office until the next annual meeting or until their successors are elected and qualified.
Ratify Grant Thornton LLP as the Company’s independent registered public accounting firm for 2025.
Advisory vote on the compensation of the Company’s executive officers as disclosed in this proxy statement.
Issuance of Common Stock upon conversion of Series A Convertible Preferred Stock in excess of existing limits and the corresponding rights of the Buyers to vote on an as-converted basis, and the related changes to beneficial ownership limits and change of control under Nasdaq rules.
Approval to adjourn the annual meeting to solicit additional proxies if there are not sufficient votes in favor of any of the foregoing proposals.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Mink Brook Asset Management LLC | 7.2% | 763,379 | $3M |
| 2 | Cerity Partners LLC | 3.1% | 331,926 | $1M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.4% | 255,546 | $879K |
| 4 | North Star Investment Management Corp. | 1.5% | 160,000 | $550K |
| 5 | Prospera Financial Services Inc | 1.3% | 133,176 | $458K |
| 6 | RAYMOND JAMES FINANCIAL INC | 1.0% | 101,000 | $347K |
| 7 | Advisory Services Network, LLC | 0.8% | 80,000 | $275K |
| 8 | CITADEL ADVISORS LLC | 0.7% | 73,879 | $254K |
| 9 | RENAISSANCE TECHNOLOGIES LLC | 0.6% | 68,502 | $236K |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 0.6% | 68,189 | $235K |
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