Zedge, Inc. (NYSEAMERICAN: ZDGE) recently conducted its Annual Meeting of Stockholders on January 15, 2025, addressing various matters for shareholder voting. During the meeting, stockholders voted on the election of nominees to the Board of Directors, an appointment for the independent registered public accounting firm, and amendments to the company’s 2016 Stock Option and Incentive Plan (the “Plan”), among other issues.
The election of Board of Directors nominees resulted in all named candidates being elected for one-year terms based on the following votes:
– Elliot Gibber received 1,860,453 votes for, 144,562 votes against, and 1,259 abstentions.
– Howard Jonas received 1,994,707 votes for, 10,564 votes against, and 1,005 abstentions.
– Michael Jonas received 1,933,162 votes for, 72,051 votes against, and 1,063 abstentions.
– Paul Packer received 1,860,462 votes for, 144,547 votes against, and 1,266 abstentions.
– Gregory Suess received 1,999,023 votes for, 5,987 votes against, and 1,266 abstentions.
Additionally, the appointment of UHY LLP as the independent registered public accounting firm for the Fiscal Year ending July 31, 2025, received overwhelming support with 2,362,575 votes for, 911 votes against, and 8,300 abstentions, representing 99.61% of votes for the approval.
Furthermore, the vote on amending the company’s Plan to increase the number of shares of the Class B common stock available for awards by 100,000 received 1,819,633 votes for, 184,837 votes against, and 1,805 abstentions, with 76.72% of votes in favor.
Lastly, the advisory vote on the compensation of Named Executive Officers saw 1,987,212 votes for, 16,754 votes against, and 2,309 abstentions, accounting for 83.79% of votes in favor.
The report was signed off by Jonathan Reich, the Chief Executive Officer of Zedge, Inc., on behalf of the company on January 17, 2025.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Zedge’s 8K filing here.
About Zedge
Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.
Featured Articles
- Five stocks we like better than Zedge
- Breakout Stocks: What They Are and How to Identify Them
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- Compound Interest and Why It Matters When Investing
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- What does consumer price index measure?
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside