13 nominees · 4 ballot items.
The four proposals presented for stockholder action at the Lee Enterprises, Incorporated Special Meeting cover charter amendments to (1) increase authorized common stock, (2) establish a non-voting common stock class, (3) authorize up to 10,500,000 shares of blank-check preferred stock, and (4) adjourn the meeting to solicit additional proxies.
Approve an amendment to the Charter to increase the number of authorized shares of Common Stock from 12,000,000 to 32,000,000.
Approve an amendment to the Charter to establish a class of Non-Voting Common Stock and to authorize for issuance up to 20,000,000 shares of Non-Voting Common Stock.
Approve an amendment to the Charter to authorize for issuance up to 10,500,000 shares of Preferred Stock.
Approve a proposal to adjourn the Special Meeting to a later date, if necessary or appropriate, to permit further solicitation and vote of additional proxies in the event there are insufficient votes for, or otherwise in connection with, the approval of the Additional Common Stock Proposal, the Non-Voting Common Stock Proposal or the Preferred Stock Proposal at the time of the Special Meeting.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Solas Capital Management, LLC | 7.58% | 1,684,486 | $14M |
| 2 | GAMCO INVESTORS, INC. ET AL | 2.63% | 585,376 | $5M |
| 3 | CANNELL CAPITAL LLCActivist | 1.95% | 433,281 | $4M |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.13% | 252,159 | $2M |
| 5 | TRUIST FINANCIAL CORP | 0.99% | 219,966 | $2M |
| 6 | GABELLI FUNDS LLC | 0.99% | 219,199 | $2M |
| 7 | MILLENNIUM MANAGEMENT LLC | 0.46% | 102,248 | $880K |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 0.39% | 86,666 | $747K |
| 9 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.28% | 61,623 | $531K |
| 10 | Private Advisor Group, LLC | 0.22% | 50,000 | $431K |
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