Singing Machine board opts for triennial say-on-pay vote after shareholder support

Algorhythm Holdings, Inc.

Majority of shares cast at Dec 2023 annual meeting favored conducting say-on-pay every three years.
Board formally adopted triennial frequency for advisory votes on executive compensation.
Next advisory vote on frequency expected at 2029 annual meeting.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

Algorhythm Holdings, Inc. shareholders approved Advisory vote on the frequency of future say-on-pay votes at the 2023-12-18 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-12-18

Exact text from the filing

a majority of votes at the 2023 Annual Meeting were cast in favor of conducting “say on pay” votes every three years

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Algorhythm Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-018957

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