Dyadic International Announces 2024 Annual Meeting of Shareholders on June 11

TL;DR

<b>Dyadic International will host its 2024 Annual Meeting virtually on June 11, 2024, urging shareholder participation via online voting.</b>

AI Summary

DYADIC INTERNATIONAL INC (DYAI) filed a Proxy Statement (DEF 14A) with the SEC on April 24, 2024. Dyadic International, Inc. will hold its 2024 Annual Meeting of Shareholders on Tuesday, June 11, 2024, at 10 a.m. Eastern Daylight Savings Time. The meeting will be conducted in a virtual format only, accessible via www.virtualshareholdermeeting.com/DYAI2024. Shareholders will be able to submit questions in real-time during the virtual meeting. The company urges shareholders to vote their shares via internet, phone, or mail to ensure representation. The proxy statement and notice of the meeting were filed on April 24, 2024.

Why It Matters

For investors and stakeholders tracking DYADIC INTERNATIONAL INC, this filing contains several important signals. The virtual-only format for the 2024 Annual Meeting may limit direct in-person engagement for some shareholders, requiring reliance on online platforms for participation and voting. Shareholder participation is crucial for voting on proposals presented at the meeting, as outlined in the proxy statement, impacting corporate governance and future decisions.

Risk Assessment

Risk Level: — DYADIC INTERNATIONAL INC shows moderate 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 and vote their shares for the upcoming annual meeting to ensure their voice is heard on corporate matters.

Key Numbers

• 2024 — Annual Meeting Year (2024 Annual Meeting of Shareholders)
• June 11 — Meeting Date (Annual Meeting to be held on Tuesday, June 11, 2024)
• 10 a.m. — Meeting Time (10 a.m. Eastern Daylight Savings Time)

Key Players & Entities

• DYADIC INTERNATIONAL INC (company) — Registrant
• Mark Emalfarb (person) — President and Chief Executive Officer
• June 11, 2024 (date) — Date of Annual Meeting
• April 24, 2024 (date) — Filing Date
• 10 a.m. Eastern Daylight Savings Time (time) — Time of Annual Meeting

FAQ

Industry Context

Dyadic International operates in the biotechnology sector, focusing on developing and commercializing its C1 gene expression platform.

Regulatory Implications

The filing is a DEF 14A, a Definitive Proxy Statement, filed under the Securities Exchange Act of 1934, requiring disclosure of information for shareholder meetings.

What Investors Should Do

1. Review the proxy statement for details on proposals and voting procedures.
2. Vote your shares by the deadline using the provided internet, phone, or mail options.
3. Attend the virtual annual meeting on June 11, 2024, to ask questions in real-time.

Key Dates

• 2024-06-11: 2024 Annual Meeting of Shareholders — Shareholders will vote on company proposals.
• 2024-04-24: Filing Date — Proxy statement filed with the SEC.

Year-Over-Year Comparison

This is the initial filing for the 2024 Annual Meeting of Shareholders, following the typical proxy statement format for such events.

Filing Documents

• dyai20231121_def14a.htm (DEF 14A) — 643KB
• graph01.jpg (GRAPHIC) — 61KB
• logodyadic01.jpg (GRAPHIC) — 6KB
• logomedium.jpg (GRAPHIC) — 7KB
• prox1.jpg (GRAPHIC) — 112KB
• prox2.jpg (GRAPHIC) — 69KB
• 0001437749-24-013023.txt (&nbsp;) — 996KB

Security Ownership of Beneficial Owners and Management

Security Ownership of Beneficial Owners and Management 6 Certain Relationships and Related Party Transactions 7 Corporate Governance and Related Matters 8 Compensation and Other Information Concerning Officers 12 Matters to be Considered at the Annual Meeting 19 Proposal 1: Election of Class II Directors 19 Proposal 2: Ratification of Selection of Independent Registered Public Accounting Firm 22 Proposal 3: Advisory Vote on Compensation of the Company's Named Executive Officers 25 Shareholder Proposals for the 2024 Annual Meeting 26 Forward Looking Statement 27 Other Matters 27 DYADIC INTERNATIONAL, INC. 1044 North U.S. Highway One, Suite 201 Jupiter, Florida 33477 (561) 743-8333 PROXY STATEMENT 2024 VIRTUAL ANNUAL MEETING OF SHAREHOLDERS JUNE 11, 2024 VIRTUAL MEETING ONLY - NO PHYSICAL MEETING LOCATION The Board of Directors of the Company (the "Board") is soliciting proxies for the 2024 Virtual Annual Meeting of Shareholders of Dyadic International, Inc. ("Annual Meeting"). This Proxy Statement contains important information for you to consider when deciding how to vote on the matters brought before the Annual Meeting. Please read it carefully. This Proxy Statement contains information related to the Annual Meeting to be held on Tuesday, June 11, 2024 at 10 a.m. Eastern Daylight Savings Time, and at any adjournments or postponements thereof. The Annual Meeting will be conducted in virtual format only. Shareholders will not be able to attend the Annual Meeting in person. Shareholders can access the Annual Meeting by visiti ng www.virtualshareholdermeeting.com/DYAI2024. The Board set April 17, 2024 as the record date for the Annual Meeting. Shareholders who owned the Company's common stock on that date are entitled to vote at the Annual Meeting, with each share entitled to one vote. There were 29,236,814 shares of the Company's common stock outstanding as of the record date. We are furnishing proxy mat

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth certain information regarding the beneficial ownership of our common stock as of April 17, 2024 (except as noted below), by: each person known by us to be the beneficial owner of more than 5% of the outstanding shares of our common stock; each of our directors, director nominees and named executive officers; and all our current directors and executive officers as a group. The amounts and percentages of common stock beneficially owned are reported based on regulations of the SEC governing the determination of beneficial ownership of securities. Under the rules of the SEC, a person is deemed to be a "beneficial owner" of a security if that person has or shares voting power, which includes the power to vote or direct the voting of a security, or investment power, which includes the power to dispose of or to direct the disposition of a security. A person is also deemed to be a beneficial owner of any securities of which that person has a right to acquire beneficial ownership within sixty (60) days of April 17, 2024. Securities that can be so acquired are deemed to be outstanding for purposes of computing such person's ownership percentage, but not for purposes of computing any other person's percentage. Under these rules, more than one person may be deemed a beneficial owner of the same securities and a pers

View Full Filing

View this DEF 14A filing on SEC EDGAR