Not independent
Tenure on this board
0.5 yrs
7 nominees · 4 ballot items.
Election of seven directors; ratification of RSM US LLP as independent auditor; advisory (non-binding) approval of executive compensation (say-on-pay); and approval of an amendment to effect a reverse stock split at a ratio between 1-for-30 and 1-for-50 with ratio and timing determined by the board.
Elect seven nominees (Usman Azam, Peter A. Kiener, Frank Morich, Pamela Garzone, Patrick Verheyen, Jill Broadfoot and Pasha Sarraf) to the board for one-year terms.
Ratify RSM US LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Non-binding advisory approval of the compensation of the company’s named executive officers (say-on-pay).
Adopt and approve an amendment to the Certificate of Incorporation to effect a reverse stock split of common stock at a ratio between 1-for-30 and 1-for-50, with the exact ratio and timing to be determined by the board.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Bleichroeder LP | 168.55% | 6,819,164 | $2M |
| 2 | GC Wealth Management RIA, LLC | 114.48% | 4,631,644 | $1M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 60.74% | 2,457,452 | $565K |
| 4 | Lion Point Capital, LPActivist | 54.45% | 2,202,854 | $506K |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 22.72% | 919,267 | $211K |
| 6 | VANGUARD FIDUCIARY TRUST CO | 13.44% | 543,585 | $125K |
| 7 | Robertson Stephens Wealth Management, LLC | 11.83% | 478,500 | $110K |
| 8 | BlackRock, Inc. | 11.04% | 446,587 | $103K |
| 9 | Texas Capital Bank Wealth Management Services Inc | 9.82% | 397,421 | $91K |
| 10 | ANGELES WEALTH MANAGEMENT, LLC | 7.66% | 310,000 | $71K |
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