Flanigan's Enterprises Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>Flanigan's Enterprises, Inc. will hold its 2024 Annual Meeting of Shareholders on February 23, 2024, to elect directors and conduct other business.</b>

AI Summary

FLANIGANS ENTERPRISES INC (BDL) filed a Proxy Statement (DEF 14A) with the SEC on January 26, 2024. The 2024 Annual Meeting of Shareholders for Flanigan's Enterprises, Inc. will be held on February 23, 2024. The meeting will take place at the company's corporate headquarters in Fort Lauderdale, Florida. Shareholders will vote to elect three directors to hold office until the 2027 Annual Meeting. Shareholders of record as of January 12, 2024, are entitled to vote. Proxy materials include the Proxy Statement, proxy card, and the 2023 Annual Report on Form 10-K.

Why It Matters

For investors and stakeholders tracking FLANIGANS ENTERPRISES INC, this filing contains several important signals. This filing is a definitive proxy statement, indicating the company is proceeding with its annual shareholder meeting and seeking votes on key corporate governance matters. The election of directors is a critical governance function, allowing shareholders to influence the company's leadership and strategic direction.

Risk Assessment

Risk Level: low — FLANIGANS ENTERPRISES INC shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational disclosures that would indicate high risk.

Analyst Insight

Shareholders should review the proxy materials to make informed voting decisions on director elections and other business items.

Key Numbers

• 2024 — Annual Meeting Year (Year of the Annual Meeting of Shareholders.)
• February 23 — Meeting Date (Date of the Annual Meeting of Shareholders.)
• 2027 — Director Term End (Year until which elected directors will hold office.)
• January 12, 2024 — Record Date (Date to determine shareholder eligibility to vote.)

Key Players & Entities

• FLANIGANS ENTERPRISES INC (company) — Registrant and filer of the proxy statement.
• February 23, 2024 (date) — Date of the 2024 Annual Meeting of Shareholders.
• January 12, 2024 (date) — Record date for determining shareholders entitled to vote.
• SEC (regulator) — Mentioned in relation to proxy material access rules.
• Fort Lauderdale, Florida (location) — Location of the company's corporate headquarters and the meeting.

FAQ

Risk Factors

• Compliance with SEC Proxy Rules [low — regulatory]: The company must adhere to SEC regulations for filing proxy statements and conducting shareholder meetings.

Key Dates

• 2024-02-23: 2024 Annual Meeting of Shareholders — Shareholders will elect directors and vote on other business matters.
• 2024-01-12: Record Date — Determines which shareholders are eligible to receive notice and vote at the meeting.

Glossary

Proxy Statement

A document filed by a company with the SEC that contains information about the matters to be voted on at a shareholder meeting. (Provides essential details for shareholders to make informed voting decisions.)

Definitive Proxy Statement

A proxy statement that has been filed with the SEC and is available to shareholders. (Indicates the company is proceeding with its shareholder meeting and soliciting votes.)

Record Date

A specific date set by a company to determine which shareholders are eligible to receive notice of and vote at a shareholder meeting. (Crucial for determining voting eligibility.)

Filing Documents

• def14a-66147_bdl.htm (DEF 14A) — 327KB
• image_004.jpg (GRAPHIC) — 117KB
• image_005.jpg (GRAPHIC) — 80KB
• img_001.jpg (GRAPHIC) — 155KB
• img_002.jpg (GRAPHIC) — 157KB
• 0001174947-24-000123.txt (&nbsp;) — 1031KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table shows certain information as of January 12, 2024 with respect to the beneficial ownership of our common stock by: (i) each person or group known by us to beneficially own more than 5% of the outstanding shares of our common stock; (ii) each of our current directors, including the nominees for director; (iii) each of the executive officers named in the Summary Compensation Table (the &ldquo;Named Executive Officers&rdquo;); and (iv) all of directors and executive officers as a group. Percentage of beneficial ownership is calculated on 1,858,647 shares of our common stock outstanding as of January 12, 2024. Unless otherwise indicated, the address for each beneficial owner is c/o Flanigan&rsquo;s Enterprises, Inc., 5059 N.E. 18 th Avenue, Fort Lauderdale, Florida 33334. The following table is based upon information supplied by our officers, directors, principal shareholders and schedules 13D and 13G filed with the United States Securities and Exchange Commission, (the &ldquo;SEC&rdquo;). The number of shares of our common stock is determined under the rules promulgated by the SEC and the information does not necessarily indicate beneficial ownership for any other purpose. Under the SEC rules, beneficial any shares that the individual or entity has the right to acquire through the exercise of stock options or warrants and any references in the footnotes to this table to shares subject to stock options or warrants refers only to stock options or warrants that are so exercisable. For purposes of computing the percentage of outstanding shares of our common stock held by each person or entity, any shares that such person or entity has the right to acquire are deemed to be outstanding, but are not deemed to be outstanding for the purpose of compu

View Full Filing

View this DEF 14A filing on SEC EDGAR