Not independent
Tenure on this board
1.7 yrs
Also a director at
Kochav Defense Acquisition Corp (KCHV)
5 nominees · 4 ballot items.
Stockholder votes will be held on four management-proposed items: (1) Star Purchase/Star Agreement and related issuances, (2) issuance of 3,191,400 shares upon exercise of warrants, (3) issuance of shares in excess of Nasdaq Rule 5635(d) limit in connection with the Equity Line of Credit, and (4) issuance of shares in excess of Nasdaq Rule 5635(d) limit in connection with the conversion of the Series A Convertible Preferred Stock. Board recommends voting FOR all four proposals.
Approval of the Amended and Restated Securities Purchase Agreement and Call Option (the Star Agreement) relating to the Company’s acquisition of Star and the issuance of Company Common Stock, Star Warrants and cash consideration, including related Nasdaq Rule 5635 approvals and change-of-control implications.
Approval of the issuance of 3,191,400 shares of Common Stock upon exercise of warrants issued to two investors under the September 4, 2025 Securities Purchase Agreement, subject to adjustment and regulatory approvals.
Approval to issue shares above the 19.99% Nasdaq limit (ELOC Exchange Cap) in connection with the Equity Line of Credit, and to waive the ELOC Exchange Cap under the ELOC Purchase Agreement.
Approval to issue shares above the 19.99% Nasdaq limit in connection with the conversion of Series A Convertible Preferred Stock and related warrants; waiver of the Preferred Exchange Cap.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 1.1% | 647,030 | $464K |
| 2 | BlackRock, Inc. | 0.8% | 479,939 | $344K |
| 3 | UBS Group AG | 0.7% | 449,878 | $323K |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 0.4% | 218,457 | $157K |
| 5 | VANGUARD FIDUCIARY TRUST CO | 0.1% | 67,653 | $49K |
| 6 | BlackRock, Inc. | 0.1% | 51,257 | $37K |
| 7 | Virtu Financial LLC | 0.1% | 48,634 | $35K |
| 8 | NORTHERN TRUST CORP | 0.1% | 47,916 | $34K |
| 9 | STATE STREET CORP | 0.1% | 43,263 | $31K |
| 10 | Clearview Wealth Management LLC | 0.1% | 40,952 | $29K |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.