other material
confidence high
sentiment neutral
materiality 0.30
ACRE shareholders approve 1.1M share increase to equity plan, re-elect three directors
Ares Commercial Real Estate Corp
- Shareholders approved First Amendment to 2012 Equity Incentive Plan, increasing share reserve by 1.1M shares.
- Class I directors Browning, Moriarty III, and Parekh re-elected with strong support (over 95% of votes cast).
- Ernst & Young ratified as independent auditor for FY2022 with 35.3M votes for.
- Non-binding advisory vote on executive compensation approved.