Not independent
Tenure on this board
5.6 yrs
4 nominees · 6 ballot items.
Election of four directors; ratification of Weinberg & Company as auditors; advisory vote on executive compensation; approval of reverse stock split and reduction in authorized shares; approval to increase shares under 2022 Plan by 3,500,000; approval of evergreen provision to allow 2% annual share increases under the 2022 Plan.
Election of four directors to serve until the 2027 annual meeting.
Ratify appointment of Weinberg & Company, P.A. as the Company’s independent accountants for fiscal year ending December 31, 2026.
Non-binding advisory vote to approve the compensation of the Company’s executives as disclosed in the proxy statement.
Approve an amendment to the Charter to effect a 1-for-10 to 1-for-30 reverse stock split and reduce authorized shares of common and preferred stock to 25,000,000 and 1,500,000 respectively, with timing and exact ratio at Board discretion within one year.
Approve amendment to the 2022 Omnibus Incentive Plan to increase authorized shares by 3,500,000 shares.
Approve amendment to the 2022 Plan adding an evergreen provision to automatically increase authorized shares each fiscal year by 2% of outstanding shares for fiscal years 2027 through 2036.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 0.83% | 376,399 | $184K |
| 2 | GEODE CAPITAL MANAGEMENT, LLC | 0.52% | 232,487 | $114K |
| 3 | VANGUARD FIDUCIARY TRUST CO | 0.50% | 225,938 | $111K |
| 4 | HRT FINANCIAL LP | 0.24% | 107,140 | $52 |
| 5 | Everhart Financial Group, Inc. | 0.22% | 100,000 | $49K |
| 6 | Arax Advisory Partners | 0.21% | 93,627 | $46K |
| 7 | Opal Wealth Advisors, LLC | 0.18% | 81,811 | $40K |
| 8 | NORTHERN TRUST CORP | 0.17% | 75,461 | $37K |
| 9 | 49 WEALTH MANAGEMENT, LLC | 0.14% | 64,000 | $31K |
| 10 | ALONGSIDE, LLC | 0.14% | 64,000 | $31K |
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