i3 Verticals, Inc. Announces Annual Meeting of Stockholders

TL;DR

<b>i3 Verticals, Inc. is holding its Annual Meeting of Stockholders on February 22, 2024, to vote on director elections, auditor ratification, and executive compensation.</b>

AI Summary

i3 Verticals, Inc. (IIIV) filed a Proxy Statement (DEF 14A) with the SEC on January 9, 2024. Annual meeting scheduled for February 22, 2024, at 1:30 p.m. Central Time in Nashville, TN. Stockholders will vote on electing nine directors, ratifying Deloitte & Touche LLP as independent auditors for FY2024, and advisory votes on executive compensation and its frequency. Record holders of Class A and Class B common stock as of December 27, 2023, are entitled to vote. A list of record holders will be available for inspection ten days prior to the meeting. Voting can be done by mail, internet, or in person at the meeting.

Why It Matters

For investors and stakeholders tracking i3 Verticals, Inc., this filing contains several important signals. The meeting is a key governance event where shareholders directly influence the company's leadership and oversight. Shareholder votes on executive compensation and its frequency provide direct feedback on management's performance and alignment with shareholder interests.

Risk Assessment

Risk Level: — i3 Verticals, Inc. shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director nominees, auditor ratification, and executive compensation.

Key Numbers

• 9 — Director Nominees (Number of nominees to be elected as directors.)
• 2024 — Fiscal Year End (Fiscal year for which Deloitte & Touche LLP is proposed to be ratified as auditor.)

Key Players & Entities

• i3 Verticals, Inc. (company) — Registrant and filer of the proxy statement.
• Deloitte & Touche LLP (company) — Proposed independent registered public accounting firm.
• February 22, 2024 (date) — Date of the Annual Meeting.
• December 27, 2023 (date) — Record date for determining stockholders entitled to vote.

FAQ

Industry Context

i3 Verticals operates in the business services sector, providing vertical-specific software solutions.

Regulatory Implications

The filing is a standard Schedule 14A proxy statement, adhering to SEC regulations for public company shareholder meetings.

What Investors Should Do

1. Review the proxy statement for details on director nominees and their qualifications.
2. Understand the proposals regarding auditor ratification and executive compensation before voting.
3. Vote by the specified deadline using the provided proxy card or online instructions.

Key Dates

• 2024-02-22: Annual Meeting of Stockholders — Shareholders will vote on key corporate matters including director elections and executive compensation.
• 2023-12-27: Record Date — Determines which stockholders are eligible to vote at the Annual Meeting.

Year-Over-Year Comparison

This is a routine proxy statement filing for the annual meeting and does not represent a change from previous filings in terms of core financial or operational disclosures.

Filing Documents

• i3verticals-2024proxystate.htm (DEF 14A) — 885KB
• chart-462462887cbb491ea80a.jpg (GRAPHIC) — 92KB
• chart-81e6711f682944428b9a.jpg (GRAPHIC) — 87KB
• chart-953c255074944635bc8a.jpg (GRAPHIC) — 84KB
• i3logoa.jpg (GRAPHIC) — 29KB
• image2a.jpg (GRAPHIC) — 17KB
• screenshot2024-01x08122222.jpg (GRAPHIC) — 192KB
• screenshot2024-01x08122254.jpg (GRAPHIC) — 160KB
• 0001728688-24-000006.txt (&nbsp;) — 1785KB

EXECUTIVE COMPENSATION 27

EXECUTIVE COMPENSATION 27

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 49

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 49 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 52 GENERAL INFORMATION 56 APPENDIX A 57 2 ANNUAL MEETING OF STOCKHOLDERS OF i3 VERTICALS, INC. 40 Burton Hills Blvd., Suite 415 Nashville, Tennessee 37215 PROXY STATEMENT January 9, 2024 This Proxy Statement, the form of proxy card and the 2023 Annual Report to Stockholders (with the annual report on Form 10-K for the year ended September 30, 2023) of i3 Verticals, Inc. (the "Company") are being made available to holders (the "stockholders") of our Class A common stock and Class B common stock (collectively, "Common Stock"), beginning on or about January 9, 2024. The Board of Directors of the Company (the "Board" or the "Board of Directors") is soliciting your proxy to vote your shares of Common Stock at the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting"). This Proxy Statement provides you with information on these matters to assist you in voting your shares. In accordance with the rules of the Securities and Exchange Commission (the "SEC"), we are advising our stockholders of the availability on the Internet of our proxy materials related to the Annual Meeting. We are mailing to our stockholders a Notice of Internet Availability instead of a paper copy of each of the Proxy Statement and our 2023 Annual Report. The Notice of Internet Availability contains instructions on how stockholders can access the proxy materials over the Internet as well as how stockholders can receive a paper copy of our proxy materials, including the Proxy Statement, the 2023 Annual Report and a form of proxy card. INFORMATION ABOUT THE ANNUAL MEETING When and where will the Annual Meeting be held The Annual Meeting will be held on Thursday, February 22, 2024 at 130 p.m., Central Time, at the Company's headquarters at 40 Burton Hills Blvd., Suite 415, Nashville, Tennessee 37215. Why did I receive a one-page notice in the mail rega

View Full Filing

View this DEF 14A filing on SEC EDGAR