The results of CubicFarms AGM of shareholders 2023
Added on 17 October 2023
Auditor Appointment: A resolution authorizing the Board of Directors to appoint an auditor was overwhelmingly approved, with 99.88% votes in favor.
Article Alteration: Shareholders approved an amendment to the Company’s Articles that allows the Board of Directors to approve the consolidation or subdivision of shares, with 91.48% votes in favor.
HydroGreen Technology: CubicFarms continues to focus on its HydroGreen technology, which offers Automated Vertical Pastures™ for livestock feed production.
Local Chain Ag-Tech: CubicFarms is a leading local chain agricultural technology company that aims to develop and deploy technology to feed a changing world.
CubicFarm Systems Corp., a leading local chain agricultural technology company, announced the voting results from its Annual General and Special Meeting of shareholders, held virtually on September 28, 2023.
Election of Directors
The shareholders voted by way of ballot to elect four directors to serve until the next annual meeting or until their successors are duly elected or appointed. The elected directors are Janet Wood, Michael McCarthy, Daniel Burns, and George David Cole. Each nominee received a high percentage of votes in favor, ranging from 83.93% to 99.60%.
Appointment of Auditors
A resolution authorizing the Board of Directors to appoint an auditor was approved by ballot. The motion received overwhelming support, with 89,298,935 votes (99.88%) in favor and only 104,972 votes (0.12%) withheld.
Image provided by CubicFarms
More news
