Hour Loop Files Definitive Proxy Statement
Ticker: HOUR · Form: DEF 14A · Filed: Oct 7, 2024 · CIK: 1874875
Sentiment: neutral
Topics: proxy-statement, sec-filing, corporate-governance
TL;DR
Hour Loop filed its proxy statement, get ready for shareholder votes.
AI Summary
Hour Loop, Inc. filed a definitive proxy statement (DEF 14A) on October 7, 2024. The filing concerns the company's proxy materials, which are typically used for shareholder meetings to vote on corporate matters. No specific financial transactions or proposals are detailed in this excerpt, but it indicates the company is following standard SEC reporting procedures.
Why It Matters
This filing is a standard procedural document for public companies, indicating Hour Loop is engaging in corporate governance activities and providing necessary information to shareholders for voting.
Risk Assessment
Risk Level: low — This is a routine SEC filing for proxy statements, not indicating any immediate financial risk or significant corporate event.
Key Players & Entities
- Hour Loop, Inc. (company) — Registrant
- 0001493152-24-040318 (filing_id) — Accession Number
- 20241007 (date) — Filing Date
FAQ
What type of SEC filing is this?
This is a definitive proxy statement (DEF 14A).
Who is the filer?
The filer is Hour Loop, Inc.
When was this filing submitted?
The filing was submitted on October 7, 2024.
What is the purpose of a DEF 14A filing?
A DEF 14A filing is a proxy statement used to solicit shareholder votes on corporate matters.
What is Hour Loop, Inc.'s primary business classification?
Hour Loop, Inc. is classified under RETAIL-CATALOG & MAIL-ORDER HOUSES [5961].
Filing Stats: 4,768 words · 19 min read · ~16 pages · Grade level 11.1 · Accepted 2024-10-07 17:00:10
Key Financial Figures
- $0.0001 — holders of our common stock, par value $0.0001 per share, at the close of business on
Filing Documents
- formdef14a.htm (DEF 14A) — 436KB
- proxy_001.jpg (GRAPHIC) — 395KB
- proxy_002.jpg (GRAPHIC) — 192KB
- 0001493152-24-040318.txt ( ) — 1247KB
Executive Compensation
Executive Compensation 15 Certain Relationships and Related Party Transactions 27 PROPOSAL 2—RATIFICATION OF THE APPOINTMENT OF THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 31 Pre-Approval Policy 32 Report of the Audit Committee 32 Vote Required 32 Recommendation 32
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 33 OTHER MATTERS 34 ANNUAL REPORT 34 “HOUSEHOLDING” OF PROXY MATERIALS 34 STOCKHOLDER PROPOSALS FOR 2025 ANNUAL MEETING OF STOCKHOLDERS 35 3 HOUR LOOP, INC. 8201 164th Ave. NE Redmond, WA 98052-7615 PROXY GENERAL INFORMATION This Proxy Statement is furnished in connection with the solicitation by the Board of Directors (the “Board”) of Hour Loop, Inc., a Delaware corporation (the “Company,” “Hour Loop,” “we,” “our” or “us”), of proxies to be voted at our 2024 Virtual Annual Meeting of Stockholders (the “Annual Meeting”) and at any adjournment or postponement of the Annual Meeting. The Annual Meeting will take place on Thursday, November 7, 2024, beginning at 12:00 p.m., Eastern Time, at www.virtualshareholdermeeting.com/HOUR2024 . You will need to provide your 16-digit control number that is on your proxy card to gain access to the Annual Meeting. The Board of Directors of the Company urges you to promptly execute and return your proxy in the enclosed envelope, even if you plan to attend the Annual Meeting. This is designed to authenticate stockholders’ identities, to allow stockholders to give their voting instructions and to confirm that stockholders’ instructions have been recorded properly. Any stockholder submitting a proxy may revoke such proxy at any time prior to its exercise by notifying the Secretary of the Company, in writing, prior to the Annual Meeting. Any stockholder attending the Annual Meeting may revoke his or her proxy and vote personally by notifying the Secretary of the Company at the Annual Meeting. This Proxy Statement, the Notice of Annual Meeting, and accompanying proxy are being furnished to holders of our common stock, par value $0.0001 per share, at the close of business on September 30, 2024 (the “Record Date”), the r