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CCA Industries, Inc. Announces Annual Shareholders Meeting Results

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CCA Industries, Inc. (OTC: CAWW) announced results from its Annual Shareholders Meeting held on September 16, 2020. Shareholders re-elected Lance T. Funston, Brent Funston, and S. David Fineman as directors, while Sardar Biglari and others were elected by Class A shareholders. The appointment of CohnReznick LLP as public accountants for fiscal year ending November 30, 2020, was ratified. Lance Funston was re-elected as Chairman and Chief Executive Officer. CCA manufactures health and beauty products, including brands like 'Plus White' and 'Bikini Zone.'

Positive
  • Shareholders re-elected key management, indicating confidence in the current leadership.
  • CohnReznick LLP is appointed as public accountants, ensuring professional oversight of financial practices.
Negative
  • None.

LYNDHURST, N.J., Sept. 25, 2020 /PRNewswire/ -- CCA Industries, Inc. (OTC: "CAWW"), announced today the results of its Annual Shareholders Meeting that took place on September 16, 2020.

Proxy votes of the common stock shareholders indicate that Lance T. Funston, Brent Funston and S. David Fineman were re-elected as directors.  The Class A shareholder elected Sardar Biglari, Dr. Philip Cooley, Brian Haveson and Michael Dunn as directors.  Voting also showed that the shareholders ratified the appointment of CohnReznick LLP as the Company's public accountants for the fiscal year ending November 30, 2020.  The board of directors re-elected Lance Funston as Chairman of the Board and Brent Funston as Vice-Chairman.  The independent directors have re-elected S. David Fineman lead independent director.  The board of directors also reappointed Lance Funston as Chief Executive Officer, Douglas Haas as President and Chief Operating Officer and Stephen A. Heit as Executive Vice President and Chief Financial Officer.

CCA Industries, Inc. manufactures and markets health and beauty aids, each under its individual brand name. The products include, principally, "Plus White" toothpastes and teeth whiteners, "Bikini Zone" medicated topical and shave gels, "Nutra Nail" nail care treatments, "Porcelana" skin care products, "Scar Zone" scar treatment products,  "Sudden Change" anti-aging skin care products and two newly acquired brands, "Hair Off" and "Solar Sense". 

Statements contained in the news release that are not historical facts are forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which would cause actual results to differ materially, from estimated results. Such risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. No assurance can be given that the results in any forward-looking statement will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.

Cision View original content:http://www.prnewswire.com/news-releases/cca-industries-inc-announces-annual-shareholders-meeting-results-301138425.html

SOURCE CCA Industries, Inc.

FAQ

What were the results of CCA Industries' Annual Shareholders Meeting on September 16, 2020?

During the meeting, shareholders re-elected key directors and ratified CohnReznick LLP as public accountants for the fiscal year.

Who were re-elected as directors at CCA Industries' 2020 meeting?

Lance T. Funston, Brent Funston, and S. David Fineman were re-elected as directors.

What is the stock symbol for CCA Industries?

The stock symbol for CCA Industries is CAWW.

What brands does CCA Industries manufacture?

CCA Industries manufactures brands such as 'Plus White', 'Bikini Zone', 'Nutra Nail', and more.

CCA INDUS INC

OTC:CAWW

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6.28M
6.59M
0.34%
Household & Personal Products
Consumer Defensive
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United States of America
Lyndhurst