other material
confidence high
sentiment neutral
materiality 0.15
MetroCity Bankshares shareholders elect all directors, ratify auditors at annual meeting
MetroCity Bankshares, Inc.
- Quorum of 71.19% (20,401,807 of 28,660,042 shares) represented at May 21, 2026 meeting.
- All five director nominees elected: Nack Paek, Frank Glover, William Hungeling, Francis Lai, David Shim (votes for ranged from 14.88M to 17.45M).
- Ratification of Crowe LLP as independent auditor passed with 20,346,364 votes for, 16,551 against, 22,912 abstain.
- Board adopted policy to hold shareholder advisory vote on executive compensation every two years based on non-binding advisory vote results.