Enova Announces Postponement of 2021 Annual Meeting of Stockholders

Rhea-AI Summary

Enova International (NYSE: ENVA) announced the postponement of its 2021 Annual Meeting of Stockholders, originally scheduled for May 11, 2021. The Board of Directors will determine a new date to allow stockholders to vote on Deloitte's appointment as the independent public accounting firm for the fiscal year ending December 31, 2021. Deloitte was chosen following a competitive proposal process. A new record date will be established for the meeting, and stockholders will receive notice of the rescheduled date.

Positive

• Deloitte's appointment as the independent public accounting firm signals strong governance.
• The competitive selection process for Deloitte suggests a commitment to transparency and accountability.

Negative

• Postponement of the Annual Meeting may create uncertainty among stockholders.
• Delays in corporate governance processes can potentially affect investor confidence.

CHICAGO, May 3, 2021 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, today announced the postponement of its 2021 Annual Meeting of Stockholders (the "Annual Meeting") that was previously to be held on May 11, 2021, at 9:30 a.m. Central Time. The meeting will be rescheduled for a date yet to be determined by the Board of Directors, in order to give its stockholders the opportunity to vote on a proposal to ratify the appointment of Deloitte as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021. Deloitte was selected following a competitive proposal process. The Board of Directors will establish a new record date for the Annual Meeting and, based on this record date, the Company will deliver a notice of the new Annual Meeting date to stockholders entitled to receive notice of the Annual Meeting.

About Enova 

Enova International (NYSE: ENVA) is a leading financial technology company providing online financial services through its artificial intelligence and machine learning powered lending platform. Enova serves the needs of non-prime consumers and small businesses, who are frequently underserved by traditional banks. Enova has provided more than 7 million customers with over $40 billion in loans and financing with market leading products that provide a path for them to improve their financial health. You can learn more about the company and its brands at www.enova.com.

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SOURCE Enova International, Inc.

FAQ

Why was the 2021 Annual Meeting of Stockholders for ENVA postponed?

The meeting was postponed to allow stockholders to vote on the proposal to ratify Deloitte as the independent registered public accounting firm.

When was the ENVA Annual Meeting initially scheduled?

The Annual Meeting was initially scheduled for May 11, 2021.

What is the purpose of the Annual Meeting for Enova International?

The Annual Meeting allows stockholders to vote on key proposals, including the appointment of independent accounting firms.

Who was selected as the independent registered public accounting firm for ENVA?

Deloitte was selected as the independent registered public accounting firm following a competitive proposal process.

What will happen next after the postponement of ENVA's Annual Meeting?

The Board of Directors will establish a new record date for the Annual Meeting and notify stockholders of the rescheduled date.