FTAI Infrastructure Inc. Announces Annual Meeting of Shareholders on May 29, 2024
Ticker: FIP · Form: DEF 14A · Filed: Apr 12, 2024 · CIK: 1899883
| Field | Detail |
|---|---|
| Company | Ftai Infrastructure INC. (FIP) |
| Form Type | DEF 14A |
| Filed Date | Apr 12, 2024 |
| Risk Level | |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Shareholder Voting, Corporate Governance, FTAI Infrastructure
TL;DR
<b>FTAI Infrastructure Inc. is holding its Annual Meeting of Shareholders on May 29, 2024, and urges shareholders to participate in voting.</b>
AI Summary
FTAI Infrastructure Inc. (FIP) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. FTAI Infrastructure Inc. will hold its Annual Meeting of Shareholders on May 29, 2024, at 8:30 a.m. ET. The meeting will take place at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, One Manhattan West, New York, New York 10001. Shareholders are urged to vote by Internet, telephone, or by returning a signed proxy card. Beneficial owners must obtain a legal proxy, an admission card from Investor Relations, and present photo ID to attend and vote. The filing is a Definitive Proxy Statement (DEF 14A) filed on April 12, 2024.
Why It Matters
For investors and stakeholders tracking FTAI Infrastructure Inc., this filing contains several important signals. Shareholder participation is crucial for corporate governance, as voting at the annual meeting influences company decisions and board elections. The detailed instructions for beneficial owners highlight the importance of proper documentation and identification for voting rights, ensuring a fair and transparent process.
Risk Assessment
Risk Level: — FTAI Infrastructure Inc. shows moderate risk based on this filing. The filing is a routine proxy statement, providing information about an upcoming shareholder meeting rather than new financial or operational data, thus posing minimal immediate risk.
Analyst Insight
Shareholders should review the proxy materials carefully and ensure they are properly represented at the Annual Meeting by voting or appointing a proxy.
Key Numbers
- May 29, 2024 — Annual Meeting Date (Date of the Annual Meeting of Shareholders.)
- 8:30 a.m. Eastern Time — Annual Meeting Time (Time of the Annual Meeting of Shareholders.)
- April 12, 2024 — Filing Date (Date the Definitive Proxy Statement was filed.)
Key Players & Entities
- FTAI Infrastructure Inc. (company) — Registrant and filer of the proxy statement.
- May 29, 2024 (date) — Date of the Annual Meeting of Shareholders.
- April 12, 2024 (date) — Filing date of the proxy statement.
- Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (company) — Location of the Annual Meeting.
- New York, New York 10001 (location) — Address of the Annual Meeting.
FAQ
When did FTAI Infrastructure Inc. file this DEF 14A?
FTAI Infrastructure Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 12, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by FTAI Infrastructure Inc. (FIP).
Where can I read the original DEF 14A filing from FTAI Infrastructure Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by FTAI Infrastructure Inc..
What are the key takeaways from FTAI Infrastructure Inc.'s DEF 14A?
FTAI Infrastructure Inc. filed this DEF 14A on April 12, 2024. Key takeaways: FTAI Infrastructure Inc. will hold its Annual Meeting of Shareholders on May 29, 2024, at 8:30 a.m. ET.. The meeting will take place at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, One Manhattan West, New York, New York 10001.. Shareholders are urged to vote by Internet, telephone, or by returning a signed proxy card..
Is FTAI Infrastructure Inc. a risky investment based on this filing?
Based on this DEF 14A, FTAI Infrastructure Inc. presents a moderate-risk profile. The filing is a routine proxy statement, providing information about an upcoming shareholder meeting rather than new financial or operational data, thus posing minimal immediate risk.
What should investors do after reading FTAI Infrastructure Inc.'s DEF 14A?
Shareholders should review the proxy materials carefully and ensure they are properly represented at the Annual Meeting by voting or appointing a proxy. The overall sentiment from this filing is neutral.
How does FTAI Infrastructure Inc. compare to its industry peers?
FTAI Infrastructure Inc. operates in the energy and transportation infrastructure sectors, as indicated by its SIC code.
Are there regulatory concerns for FTAI Infrastructure Inc.?
The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs the solicitation of proxies.
Industry Context
FTAI Infrastructure Inc. operates in the energy and transportation infrastructure sectors, as indicated by its SIC code.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on proposals and director nominees.
- Vote your shares using the provided methods (Internet, phone, mail) or attend the meeting in person.
- Ensure beneficial owners follow the specific steps to obtain a legal proxy and admission card.
Key Dates
- 2024-05-29: Annual Meeting of Shareholders — Shareholders will vote on company matters and elect directors.
- 2024-04-12: Filing of Definitive Proxy Statement — Public disclosure of information regarding the annual meeting and voting procedures.
Year-Over-Year Comparison
This filing is a routine DEF 14A proxy statement for the upcoming annual meeting, providing procedural information rather than new financial results compared to previous filings.
Filing Stats: 4,515 words · 18 min read · ~15 pages · Grade level 11.8 · Accepted 2024-04-12 16:15:53
Filing Documents
- ny20022381x1_def14a.htm (DEF 14A) — 458KB
- logo_ftai-infrastructure2.jpg (GRAPHIC) — 31KB
- ny20022381x1_pc01.jpg (GRAPHIC) — 598KB
- ny20022381x1_pc02.jpg (GRAPHIC) — 511KB
- sig_josephpadams.jpg (GRAPHIC) — 16KB
- 0001140361-24-019616.txt ( ) — 2051KB
SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN BENEFICIAL OWNERS
SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN BENEFICIAL OWNERS ​ ​ 21   ​ ​   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS ​ ​ 22   ​ ​   PROPOSAL NO. 2 APPROVAL OF APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ​ ​ 25   ​ ​   Proposed Independent Registered Public Accounting Firm ​ ​ 25 Principal Accountant Fees and Services ​ ​ 25   ​ ​   ADVANCE NOTICE FOR SHAREHOLDER NOMINATIONS AND PROPOSALS FOR 2025 ANNUAL MEETING ​ ​ 26   ​ ​   OTHER MATTERS ​ ​ 27   ​ ​   ADDITIONAL INFORMATION ​ ​ 27 i TABLE OF CONTENTS FTAI INFRASTRUCTURE INC. 1345 Avenue of the Americas, 45th Floor, New York, New York 10105   PROXY STATEMENT   For the 2024 Annual Meeting of Shareholders to Be Held on May 29, 2024 This Proxy Statement and the accompanying proxy card and notice of annual meeting are provided in connection with the solicitation of proxies by and on behalf of the Board of Directors of FTAI Infrastructure Inc., a Delaware corporation, for use at the Annual Meeting to be held on May 29, 2024 and any adjournments or postponements thereof. “We,” “our,” “us,” “the Company” and “FIP” each refers to FTAI Infrastructure Inc. The mailing address of our executive office is 1345 Avenue of the Americas, 45th Floor, New York, New York 10105. This Proxy Statement, the accompanying proxy card and the notice of annual meeting are first being mailed to holders of common stock of the Company (the “Common Stock”), on or about April 12, 2024. At the date hereof, management has no knowledge of any business that will be presented for considera