Important Voting Reminder for Forward Industries Shareholders
Voting Reminder for Forward Industries Shareholders
As the date approaches for the Annual Shareholders Meeting, it is crucial for those who own shares in Forward Industries, Inc. (NASDAQ: FORD) to participate in shaping the future of the company. Shareholders should be aware that the deadline to cast their votes is drawing near, making this an important time for engagement and decision-making.
Key Proposals on the Agenda
This meeting will cover several significant proposals, one being the proposed change of the company's state of incorporation from New York to Nevada. This change aims to enhance corporate governance and better align the company with modern business practices that provide greater flexibility.
Rationale for Reincorporation
The Board of Directors firmly believes that this move is in the best interest of the company and its shareholders. By reincorporating in Nevada, Forward Industries expects to streamline governance and adapt to evolving corporate laws that could benefit operations. Current voting trends indicate shareholder support for this move, underscoring the importance of every vote in this decision.
Importance of Your Vote
Every vote matters at this pivotal juncture. The Board is urging all shareholders, irrespective of the number of shares, to participate in this vote. Achieving a majority of outstanding shares in favor of the reincorporation is essential for moving forward with this plan. Hence, maximizing voter turnout is critical.
Read the Proxy Statement
In preparation for the upcoming meeting, the company has provided a detailed proxy statement to shareholders. This document contains essential information regarding the proposals and the reasoning behind them. It is highly advisable for shareholders to read the proxy statement in its entirety before making any voting decisions. This statement is readily available on the SEC's EDGAR website and on Forward Industries’ investor relations page.
Voting Procedure
For shareholders registered as of a certain date, there is an opportunity to vote before the meeting. Individuals can cast their votes conveniently online using their control number found on their proxy card or voting instruction form. This streamlined process is designed to encourage participation and make the voting experience as user-friendly as possible.
Communication for Shareholders
For any inquiries, shareholders can reach out directly to the company's investor relations representative, Michael Pruitt. He is available for assistance via telephone or email, ensuring shareholders have access to the support they need to make informed decisions during this important time.
Frequently Asked Questions
Why is shareholder voting important?
Shareholder voting is crucial as it allows owners to influence significant decisions regarding company direction, governance, and policies.
What proposals will be voted on at the meeting?
Key proposals include the change of incorporation from New York to Nevada and other governance-related decisions.
When is the voting deadline?
Votes must be received by 11:59 p.m. on the day before the Annual Shareholders Meeting.
How can I vote?
Shareholders can vote online through the provided proxy voting website using their unique control number.
Who can I contact for more information?
Shareholders can contact Michael Pruitt at (704) 578-2238 or via email at mp@avenelfinancial.com for further assistance.
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