PLBY cancels special meeting for $25.4M stock issuance; defers to annual meeting

Playboy, Inc.

Special meeting to approve 16.96M share issuance at $1.50/share cancelled due to lack of quorum.
Proposal to sell shares to affiliate The Million S.a.r.l. will be added to 2025 annual meeting proxy by April 30.
Company states approval is critical for raising capital and reducing debt; financing cannot proceed without it.

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