On December 13, 2024, The Glimpse Group, Inc. (NASDAQ:VRAR) conducted its annual general meeting of stockholders, where a significant portion of outstanding shares participated. The meeting saw the representation of approximately 52% of the aggregate shares eligible to vote, constituting a quorum.
During the meeting, three key proposals were brought before the stockholders for voting. Firstly, the re-election of two Class I directors to the Company’s board of directors – Tamar Elkeles and Ian Charles. Secondly, an advisory vote occurred concerning the compensation for the named executive officers for the fiscal year 2024. Lastly, stockholders voted on the ratification of Turner, Stone & Company, L.L.P as the independent registered public accounting firm for the fiscal year ending June 30, 2025.
Results of the voting indicated that the stockholders approved the re-election of Tamar Elkeles and Ian Charles as Class I Directors, each to serve a three-year term ending at the Company’s 2027 annual meeting or until an earlier resignation or removal. Additionally, the stockholders granted advisory approval for the Company’s executive compensation for fiscal year 2024 and ratified the appointment of Turner, Stone & Company, L.L.P as the independent registered public accounting firm for the fiscal year ending June 30, 2025.
Detailed voting outcomes indicated strong support for the proposals, with the majority in favor of the re-election of directors and the Company’s fiscal year 2024 executive compensation. The appointment of Turner, Stone & Company, L.L.P as the independent registered public accounting firm also received overwhelming support from the stockholders.
Lyron Bentovim, the Chief Executive Officer of The Glimpse Group, Inc., signed the report on behalf of the registrant on December 16, 2024. This signifies the completion of the annual general meeting and the approval of crucial proposals by the Company’s stockholders.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read The Glimpse Group’s 8K filing here.
The Glimpse Group Company Profile
The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.
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