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Neonode Announces Adjournment of Annual Meeting of Stockholders

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Neonode Inc. (NASDAQ: NEON) announced the adjournment of its 2022 Annual Meeting of Stockholders on June 22, 2022, due to lack of quorum. The meeting will reconvene on July 8, 2022, at 3:00 p.m. local time at its Stockholm office. No changes have been made to the proposals set for voting. The record date for stockholder eligibility remains April 19, 2022. The Board of Directors recommends that stockholders vote 'FOR' all proposals, encouraging those who haven't yet voted to do so promptly.

Positive
  • Board of Directors recommends voting 'FOR' all proposals.
Negative
  • Annual Meeting adjourned again due to lack of quorum.
  • No business was conducted on the scheduled date.

STOCKHOLM, June 23, 2022 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that its 2022 Annual Meeting of Stockholders (the "Annual Meeting"), which was reconvened to June 22, 2022, was called to order and again adjourned without any business being conducted due to a lack of the required quorum.

The Annual Meeting will reconvene on July 8, 2022 at 3:00 p.m. local time at Neonode's principal executive office located at Karlavägen 100, 115 26 Stockholm, Sweden to provide its stockholders additional time to vote on the proposals described in the proxy statement filed with the Securities and Exchange Commission on April 26, 2022. No changes have been made in the proposals to be voted on by stockholders at the Annual Meeting.

The record date for determining stockholder eligibility to vote at the Annual Meeting will remain the close of business on April 19, 2022. Proxies previously submitted will be voted at the Annual Meeting unless properly revoked, and stockholders who have already submitted a proxy or otherwise voted need not take any action. 

Neonode's Board of Directors unanimously recommends that stockholders vote "FOR" all proposals and encourages all stockholders who have not already voted to do so immediately.

For more information or questions, please contact:

Chief Financial Officer
Fredrik Nihlén
E-mail: fredrik.nihlen@neonode.com 
+46 70 397 21 09

Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com
+46 734 10 03 59

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/neonode/r/neonode-announces-adjournment-of-annual-meeting-of-stockholders,c3590351

The following files are available for download:

https://mb.cision.com/Main/17297/3590351/1596284.pdf

Neonode - Press Release Regarding 2022 Adjourned Annual Meeting (6.22.22)

https://news.cision.com/neonode/i/annual-meeting-of-stockholders,c3063960

Annual Meeting of Stockholders

Cision View original content:https://www.prnewswire.com/news-releases/neonode-announces-adjournment-of-annual-meeting-of-stockholders-301573798.html

SOURCE Neonode

FAQ

What happened during Neonode's Annual Meeting on June 22, 2022?

The Annual Meeting was adjourned again without any business due to a lack of quorum.

When will Neonode's Annual Meeting reconvene?

The Annual Meeting will reconvene on July 8, 2022, at 3:00 p.m. local time.

What is the record date for voting at Neonode's Annual Meeting?

The record date remains April 19, 2022, for determining stockholder eligibility to vote.

What did Neonode's Board of Directors recommend regarding the proposals?

The Board unanimously recommends that stockholders vote 'FOR' all proposals.

Neonode Inc.

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