Proxy Statement

0001493152-24-029625 — Filed 2024-07-30

Form type: DEF 14A

Filing date: 2024-07-30

Report date: 2024-07-30

Accepted: 2024-07-30 21:00 UTC

Day change: +18.04% (2024-07-31)

Description: N/A

Document: formdef14a.htm

Format: html

Size: 673.3 KB

Download status: downloaded

AI Summary

Abel Avellan's company secured over $600 million in capital through equity, convertible notes, and non-dilutive prepayments over the past three years, with the board approving a new 2024 Incentive Award Plan to reserve an additional 2 million shares for future awards to retain executive talent. The filing documents the annual meeting scheduled for September 10, 2024, where stockholders will vote on director elections, auditor ratification, and the new equity plan, with Avellan controlling approximately 80.4% of voting power through his Class C Common Stock holdings.

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