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ENGlobal Announces Annual Meeting Results

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ENGlobal (OTCMKTS:ENGC) held its 2024 annual shareholders' meeting on December 30, 2024, in Houston. The meeting saw approximately 57% participation of total common stock outstanding, either in person or by proxy. Shareholders demonstrated strong support with 95% of votes favoring the election of five directors to one-year terms and 99% approval for the appointment of M&K CPAS, PLLC as auditors for fiscal year 2024.

ENGlobal operates through two segments: Commercial, providing engineering and automation solutions, and Government Services, specializing in turnkey automation systems for the U.S. Defense industry.

ENGlobal (OTCMKTS:ENGC) ha tenuto la sua assemblea annuale degli azionisti per il 2024 il 30 dicembre 2024 a Houston. Durante l'incontro, si è registrata una partecipazione di circa 57% del totale delle azioni ordinarie, sia di persona che per delega. Gli azionisti hanno dimostrato un forte sostegno con il 95% dei voti a favore dell'elezione di cinque direttori per un mandato di un anno e con un 99% di approvazione per la nomina di M&K CPAS, PLLC come revisori dei conti per l'anno fiscale 2024.

ENGlobal opera in due segmenti: Commerciale, fornendo soluzioni di ingegneria e automazione, e Servizi Governativi, specializzandosi in sistemi di automazione turn-key per l'industria della difesa degli Stati Uniti.

ENGlobal (OTCMKTS:ENGC) llevó a cabo su reunión anual de accionistas de 2024 el 30 de diciembre de 2024 en Houston. La reunión vio una participación de aproximadamente 57% del capital social total en circulación, ya sea en persona o por poder. Los accionistas demostraron un fuerte apoyo, con el 95% de los votos a favor de la elección de cinco directores por un período de un año y con un 99% de aprobación para la designación de M&K CPAS, PLLC como auditores para el año fiscal 2024.

ENGlobal opera a través de dos segmentos: Comercial, que proporciona soluciones de ingeniería y automatización, y Servicios Gubernamentales, especializado en sistemas de automatización llave en mano para la industria de defensa de EE. UU.

ENGlobal (OTCMKTS:ENGC)는 2024년 주주 총회를 2024년 12월 30일 휴스턴에서 개최했습니다. 이번 회의에서는 총 발행 보통주 57%가 직접 참석하거나 위임을 통해 참여했습니다. 주주들은 95%의 찬성으로 5명의 이사를 1년 임기로 선출하고, 99%의 찬성으로 M&K CPAS, PLLC를 2024 회계연도의 감사인으로 임명하기로 결정했습니다.

ENGlobal은 두 가지 부문에서 운영됩니다: 상업 부문은 엔지니어링 및 자동화 솔루션을 제공하고, 정부 서비스 부문은 미국 방위 산업을 위한 턴키 자동화 시스템을 전문으로 합니다.

ENGlobal (OTCMKTS:ENGC) a tenu son assemblée annuelle des actionnaires pour 2024 le 30 décembre 2024 à Houston. La réunion a vu une participation d'environ 57% du total des actions ordinaires en circulation, que ce soit en personne ou par procuration. Les actionnaires ont montré un fort soutien avec 95% des votes en faveur de l'élection de cinq administrateurs pour des mandats d'un an et 99% d'approbation pour la nomination de M&K CPAS, PLLC en tant qu'auditeurs pour l’exercice 2024.

ENGlobal opère à travers deux segments : Commercial, fournissant des solutions d'ingénierie et d'automatisation, et Services gouvernementaux, se spécialisant dans des systèmes d'automatisation clé en main pour l'industrie de la défense des États-Unis.

ENGlobal (OTCMKTS:ENGC) hielt am 30. Dezember 2024 in Houston die jährliche Hauptversammlung der Aktionäre für 2024 ab. An der Versammlung nahmen etwa 57% der gesamten ausgegebenen Stammaktien persönlich oder durch Vollmachten teil. Die Aktionäre zeigten starke Unterstützung mit 95% der Stimmen für die Wahl von fünf Direktoren für ein Jahr und einer 99% Genehmigung für die Ernennung von M&K CPAS, PLLC als Wirtschaftsprüfer für das Geschäftsjahr 2024.

ENGlobal operiert durch zwei Segmente: Kommerziell, das Ingenieur- und Automatisierungslösungen anbietet, und Regierungsdienstleistungen, das sich auf schlüsselfertige Automatisierungssysteme für die Verteidigungsindustrie der USA spezialisiert hat.

Positive
  • High shareholder participation rate of 57%
  • Strong shareholder support with 95%+ approval rates for key proposals
  • Diversified business model with both commercial and government segments
Negative
  • None.

HOUSTON, TX / ACCESSWIRE / December 30, 2024 / ENGlobal Corporation's (OTCMKTS:ENGC) 2024 annual shareholders' meeting was held on December 30, 2024 in Houston.

Approximately 57% of ENGlobal's total common stock outstanding was represented at the meeting, either in person or by proxy. Of those shares, at least 95% were cast in favor of the election of William A. Coskey, P.E., Lloyd G. Kirchner, Christopher D. Sorrells, Kevin M. Palma, and Margaret K. Lassarat to a one-year term on our Board of Directors and approximately 99% were cast in favor of the ratification of the appointment of M&K CPAS, PLLC for the fiscal year 2024.

About ENG

ENGlobal Corporation (OTCMKTS:ENGC) is a provider of innovative, delivered project solutions primarily to the energy industry. ENGlobal operates through two reportable segments: Commercial and Government Services. The Commercial segment provides engineering, design, fabrication, construction management and integration of automated control systems. The Government Services segment provides engineering, design, installation, operations, and maintenance of various government, public sector, and international facilities, specializing in turnkey automation and instrumentation systems for the U.S. Defense industry. Further information about the Company and its businesses is available at www.englobal.com.

For further information, please email IR@englobal.com.

Safe Harbor for Forward-Looking Statements

The statements above regarding the Company's expectations, including those relating to its future results, its future operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties. For a discussion of risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ENGlobal's filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.

SOURCE: ENGlobal Corporation



View the original press release on accesswire.com

FAQ

What were the voting results at ENGlobal's (ENGC) 2024 annual meeting?

At ENGlobal's 2024 annual meeting, 95% of represented shares voted in favor of electing five directors, and 99% approved M&K CPAS, PLLC as auditors, with 57% of total shares represented.

Who were the directors elected to ENGlobal's (ENGC) board in 2024?

William A. Coskey, P.E., Lloyd G. Kirchner, Christopher D. Sorrells, Kevin M. Palma, and Margaret K. Lassarat were elected to one-year terms on ENGlobal's Board of Directors.

What are ENGlobal's (ENGC) main business segments?

ENGlobal operates through two segments: Commercial (engineering and automation solutions) and Government Services (turnkey automation systems for U.S. Defense industry).

What was the shareholder participation rate at ENGlobal's (ENGC) 2024 annual meeting?

Approximately 57% of ENGlobal's total common stock outstanding was represented at the 2024 annual meeting, either in person or by proxy.

ENGLOBAL CORP

OTC:ENGC

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2.22M
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Engineering & Construction
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United States of America
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