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PRE 14A: Preliminary proxy statements relating to merger or acquisition

SEC announcement ·  Apr 18 06:06
Summary by Moomoo AI
MultiSensor AI Holdings, Inc. (MSAI) has announced several key events and updates in its recent proxy statement. The company has scheduled its 2024 annual meeting of stockholders to be held virtually on June 17, 2024. The meeting will address the election of six directors, the ratification of Deloitte & Touche LLP as the company's independent auditor for 2024, and the approval of the issuance of common stock pursuant to its equity line of credit with B. Riley Principal Capital II, LLC. Additionally, the meeting will consider the approval of an adjournment if necessary to solicit additional proxies. The proxy statement also disclosed transactions with related persons, including a promissory note issued to CEO Gary Strahan and convertible notes issued to several accredited private investors...Show More
MultiSensor AI Holdings, Inc. (MSAI) has announced several key events and updates in its recent proxy statement. The company has scheduled its 2024 annual meeting of stockholders to be held virtually on June 17, 2024. The meeting will address the election of six directors, the ratification of Deloitte & Touche LLP as the company's independent auditor for 2024, and the approval of the issuance of common stock pursuant to its equity line of credit with B. Riley Principal Capital II, LLC. Additionally, the meeting will consider the approval of an adjournment if necessary to solicit additional proxies. The proxy statement also disclosed transactions with related persons, including a promissory note issued to CEO Gary Strahan and convertible notes issued to several accredited private investors. The company has entered into indemnification agreements with its directors and executive officers and has adopted a policy for the approval of related person transactions. The board has determined that five of its seven directors are independent under Nasdaq's standards. The company's 2023 Annual Report, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2023, is available to stockholders.

This announcement is a separate document:

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