Lightpath Technologies (LPTH) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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During the Annual Meeting of Stockholders for LightPath Technologies, Inc., shareholders actively participated in pivotal decisions affecting the company’s future. They reelected and elected directors Sam Rubin and Kim Crider, respectively, to the Board. Additionally, the shareholders approved an amendment to double the number of authorized shares, endorsed the executive compensation plan, agreed to annual advisory votes on executive pay, and ratified the appointment of MSL, P.A. as the independent accounting firm for the upcoming fiscal year. These decisions demonstrate shareholder confidence and a strategic direction for the company’s growth and governance.
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For a comprehensive understanding of the announcement, you can read the full document here.