Payoneer Global Inc. announced on June 9, 2025, that its 2025 Annual Meeting of Stockholders, convened on June 10, 2025, was partially adjourned. The adjournment specifically pertains to proposals related to declassifying the board of directors and allowing stockholders to amend bylaws and certificate of incorporation with a simple majority vote. The meeting will reconvene on June 16, 2025.
The purpose of the adjournment is to allow additional time for stockholders to submit proxies on these two governance proposals. The company's proxy solicitor, Sodali & Co., is actively soliciting votes from stockholders. Proxies already submitted for these proposals will be voted at the reconvened meeting.
Payoneer encourages all stockholders who have not yet submitted proxies to do so promptly in favor of Proposals 4 and 5. This action indicates that the company is seeking to ensure sufficient shareholder participation for these significant governance changes. The record date for the meeting remains April 14, 2025.
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