Independent
Tenure on this board
0.8 yrs
2 nominees · 4 ballot items.
Election of two Class I directors; approval of the conversion of Kindly MD from Utah to Delaware; ratification of the appointment of Sadler, Gibb & Associates, LLC as the independent registered public accounting firm for 2025; and approval of the adjournment of the annual meeting to a later date if necessary to permit further solicitation and voting of proxies.
Election of Periance Boring and Greg Xethalis as Class I directors to serve three-year terms, with proxies voting for the nominees unless otherwise instructed; a quorum is required and nominees are elected by plurality.
The board unanimously recommends voting FOR the Delaware Conversion, which would convert the company to Delaware corporate law and adopt the Delaware Certificate and Delaware Bylaws.
Ratify the selection of Sadler, Gibb & Associates, LLC for the fiscal year ending December 31, 2025; management indicates the engagement is on the terms described in the proxy materials.
If proposals 1–3 have not obtained sufficient votes or a quorum is not present, the board may adjourn the meeting to solicit additional proxies; the board recommends voting FOR this adjournment.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Alyeska Investment Group, L.P. | 147.2% | 25,612,676 | $6M |
| 2 | UBS Group AG | 97.2% | 16,916,880 | $4M |
| 3 | Yorkville Advisors Global, LP | 53.4% | 9,300,000 | $2M |
| 4 | Hunting Hill Global Capital, LLC | 47.4% | 8,240,721 | $2M |
| 5 | BlackRock, Inc. | 40.9% | 7,124,258 | $2M |
| 6 | MILLENNIUM MANAGEMENT LLC | 38.8% | 6,757,194 | $1M |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 28.4% | 4,944,414 | $1M |
| 8 | Saba Capital Management, L.P. | 27.6% | 4,796,541 | $1M |
| 9 | Stratos Wealth Partners, LTD. | 25.7% | 4,473,285 | $988K |
| 10 | VAN ECK ASSOCIATES CORP | 25.7% | 4,464,285 | $986 |
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