DEFA14A: Altus Power Corrects Share Count in Proxy Statement Supplement

Sentiment:

Proxy Statement Supplement


Altus Power issues a supplement to its proxy statement to correct the number of outstanding Class A common stock shares as of the record date for the Annual Meeting of Stockholders.

Summary

  • Altus Power has issued a supplement to its original proxy statement filed on April 11, 2024, regarding the Annual Meeting of Stockholders to be held on May 22, 2024.
  • The supplement corrects an error in the number of Class A common stock shares outstanding as of the record date, March 28, 2024.
  • The corrected number of shares outstanding is 159,521,785, instead of the previously reported 159,872,990 shares.
  • A previous supplement was filed on April 29, 2024, in connection with the resignation of Lars Norell as co-chief executive officer and director.
  • Stockholders who have already submitted their proxies do not need to take any action unless they wish to change their vote.

Sentiment

Score: 7

Explanation: The document is a routine correction to a proxy statement, indicating a neutral sentiment. The correction of the share count is a necessary action for corporate governance.

Stakeholder Impact

  • Shareholders are provided with corrected information regarding the number of outstanding shares, ensuring accurate voting rights.

Key Dates

DateDescription
March 28, 2024Record date for the Annual Meeting of Stockholders
April 11, 2024Original Proxy Statement filed and mailed to stockholders
April 29, 2024First Supplement to the Original Proxy Statement filed with the SEC
May 22, 2024Annual Meeting of Stockholders

Keywords

Proxy Statement, Altus Power, Annual Meeting, Class A Common Stock, Shares Outstanding, Record Date

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