Neonode Announces Adjournment of Reconvened Annual Meeting of Stockholders

Rhea-AI Summary

Neonode (NASDAQ: NEON) announced the adjournment of its 2024 Annual Meeting of Stockholders, initially reconvened for June 25, 2024, due to a lack of quorum. The meeting is rescheduled for July 5, 2024, at 3:00 p.m. local time at Neonode's main office in Stockholm, Sweden. The proposals to be voted on remain unchanged from those in the proxy statement filed on April 26, 2024. The record date for voting eligibility is April 22, 2024, and previously submitted proxies will still be valid unless revoked. Neonode's Board urges all stockholders who have not yet voted to do so immediately.

Positive

• None.

Negative

• The Annual Meeting was adjourned due to a lack of quorum.
• Operational delays caused by the need to reconvene the meeting.

STOCKHOLM, June 25, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), which was reconvened to June 25, 2024, 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 5, 2024 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, 2024. 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 22, 2024. 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:

Interim President and Chief Executive Officer and Chief Financial Officer
Fredrik Nihlén
E-mail: fredrik.nihlen@neonode.com

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

https://news.cision.com/neonode/r/neonode-announces-adjournment-of-reconvened-annual-meeting-of-stockholders,c4006459

The following files are available for download:

https://mb.cision.com/Main/17297/4006459/2884969.pdf	Neonode - Press Release (Annual Meeting Adjournment 2; June 2024)
https://news.cision.com/neonode/i/neonode-reconvened-meeting-adjournment,c3314426	neonode-reconvened-meeting-adjournment

View original content:https://www.prnewswire.com/news-releases/neonode-announces-adjournment-of-reconvened-annual-meeting-of-stockholders-302182287.html

SOURCE Neonode

FAQ

Why was Neonode's Annual Meeting adjourned on June 25, 2024?

Neonode's Annual Meeting was adjourned on June 25, 2024, due to a lack of the required quorum.

When will Neonode's Annual Meeting reconvene?

Neonode's Annual Meeting will reconvene on July 5, 2024, at 3:00 p.m. local time.

Will there be changes to the proposals at Neonode's reconvened Annual Meeting?

No, there will be no changes to the proposals at Neonode's reconvened Annual Meeting.

What is the record date for determining stockholder eligibility to vote at Neonode's Annual Meeting?

The record date for determining stockholder eligibility to vote at Neonode's Annual Meeting is April 22, 2024.

Do stockholders need to take any action if they have already submitted a proxy for Neonode's Annual Meeting?

No, stockholders who have already submitted a proxy do not need to take any action.

Where will Neonode's reconvened Annual Meeting take place?

Neonode's reconvened Annual Meeting will take place at its principal executive office located at Karlavägen 100, 115 26 Stockholm, Sweden.