Boston Omaha Corp Files Definitive Proxy Statement

TL;DR

BOMN proxy statement filed, shareholders vote Sept 20.

AI Summary

Boston Omaha Corporation filed its definitive proxy statement on August 2, 2024, for its annual meeting on September 20, 2024. The filing concerns the solicitation of proxies from shareholders regarding matters to be voted on at the meeting. The company, previously known as REO Plus, Inc., is incorporated in Delaware and operates in the real estate sector.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda for the annual meeting, including any proposals or director elections, allowing them to make informed voting decisions.

Risk Assessment

Risk Level: low — This is a routine proxy filing, not indicating any immediate financial or operational risks.

Key Numbers

• 20240802 — Filing Date (Date the definitive proxy statement was filed with the SEC.)
• 20240920 — Meeting Date (Date of the shareholder meeting for which proxies are being solicited.)

Key Players & Entities

• Boston Omaha Corporation (company) — Registrant
• REO Plus, Inc. (company) — Former company name
• 20240802 (date) — Filing date
• 20240920 (date) — Annual meeting date

FAQ

Filing Documents

• bomn20240711_def14a.htm (DEF 14A) — 472KB
• a01.jpg (GRAPHIC) — 6KB
• a02.jpg (GRAPHIC) — 3KB
• a03.jpg (GRAPHIC) — 3KB
• a04.jpg (GRAPHIC) — 3KB
• a05.jpg (GRAPHIC) — 6KB
• logo.jpg (GRAPHIC) — 16KB
• 0001437749-24-024361.txt ( ) — 520KB

Executive Compensation

Executive Compensation 15 Pay Versus Performance 15 401(k) Plan 15 Employment Contracts, Termination of Employment and Change in Control Arrangements 16 Compensation Expense Reduction Plan 17 Outstanding Equity Awards at Fiscal Year-End 17

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 18 Section 16(a) Beneficial Ownership Reporting Compliance 19 Certain Relationships, Related Transactions, and Director Independence 19 Policy and Procedures for the Review, Approval or Ratification of Transactions with Related Persons 21 PROPOSAL 2 – RATIFY APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 23 Vote Required 23 Recommendation of the Board 23 Fees Paid to Independent Registered Public Accounting Firm 23 Audit and Risk Committee Pre-Approval of Audit and Permissible Non-Audit Services of Independent Registered Public Accounting Firm 24 Audit and Risk Committee Report 24 PROPOSAL 3 – NON-BINDING ADVISORY PROPOSAL REGARDING EXECUTIVE COMPENSATION 25 Vote Required 25 Recommendation of the Board 25 PROPOSAL 4 - NONBINDING ADVISORY PROPOSAL REGARDIG THE FREQUENCY OF FUTURE VOTES ON COMPENSATION OF THE NAMED EXECUTIVE OFFICERS 26 Vote Required 26 Recommendation of the Board 26 PROPOSAL 5 – OFFICER EXCULPATION CHARTER AMENDMENT 27 Text of Proposed Officer Exculpation Charter Amendment 27 Reasons for the Proposed Officer Exculpation Charter Amendment 28 Timing and Effect of the Officer Exculpation Charter Amendment 28 Vote Required 28 Recommendation of the Board 28 ANNUAL REPORT ON FORM 10-K 29 OTHER MATTERS 29 APPENDIX A: OFFICER EXCULPATION CHARTER AMENDMENT Attached PROXY CARD Attached Table of Contents QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING Q: Who is soliciting my proxy? A: The Board of Directors (which we refer to as the "Board") of Boston Omaha Corporation (which we refer to as "Boston Omaha," the "Company," "we," "our" or "us"). Q: Where and when is the Annual Meeting? A: Our Annual Meeting of Stockholders (which we refer to as the "Annual Meeting") will be held at The Salvation Army Omaha Kroc Center – Joyce Mammel Assembly Hall located

View Full Filing

View this DEF 14A filing on SEC EDGAR