DEFA14A: Akoustis Technologies Engages Proxy Solicitor for Annual Meeting

Akoustis Technologies hires Kingsdale Shareholder Services to assist with proxy solicitation for the upcoming annual meeting on November 21, 2024.

Summary

• Akoustis Technologies has engaged Kingsdale Shareholder Services, U.S. LLC to provide supplemental assistance in soliciting proxies for the 2024 Annual Meeting of Stockholders.
• The engagement commenced on November 7, 2024.
• Kingsdale will provide proxy process-related advice and informational support.
• The cost of Kingsdale's services is $13,500 plus reimbursement of authorized expenses.
• Akoustis has agreed to indemnify Kingsdale against certain liabilities related to the engagement.
• The company advises stockholders to read the Proxy Statement relating to the 2024 Annual Meeting, as amended and supplemented by this supplement, because it contains important information.
• Stockholders with questions or needing assistance with voting can contact Kingsdale at 1-888-518-1560 (toll-free) or 917-985-6945 (outside North America).
• The 2024 Annual Meeting will be held on November 21, 2024.

Sentiment

Score: 6

Explanation: Neutral announcement regarding standard corporate procedure.

Positives

• The engagement of a proxy solicitor may improve shareholder participation in the annual meeting.

Industry Context

Engaging a proxy solicitor is a common practice for publicly traded companies to ensure sufficient shareholder representation and voting at annual meetings.

Stakeholder Impact

• Shareholders are encouraged to read the proxy statement and vote their shares.

Key Dates

Keywords

proxy solicitation, annual meeting, stockholders, Kingsdale Shareholder Services, Akoustis Technologies