other material
confidence high
sentiment neutral
materiality 0.40
Highlands REIT fails quorum at annual meeting; 219.7M of 722.2M shares present, meeting adjourned
Highlands REIT, Inc.
- Only 219,744,634 of 722,202,902 outstanding shares represented, failing the majority quorum requirement.
- No business conducted; meeting adjourned and not expected to reconvene.
- Current directors Jeffrey L. Shekell, R. David Turner, and Robert J. Lange continue in office.
- Proxy submissions indicated ~88% support for each director nominee, but no votes were cast.
- Ratification of Grant Thornton as auditor had 208.5M for and 6.9M against among proxies.