Some stockholders of a company called Ionic Digital are upset! They say the company is trying to trick them into only voting for one new board member, when actually, two spots are open. This is important because board members make big decisions for the company. These stockholders think the company isn't being fair.
- Three stockholders nominated two new people for the board.
- The company said only one spot was open.
- The upset stockholders are fighting back in court!
- They want everyone to vote for their candidates.
Fact | Detail |
---|---|
Number of disputed board seats | 2 |
Company's claim of open seats | 1 |
Stockholders' suggested action | Vote for both candidates on the GOLD proxy card |