Income Opportunity Realty Investors Files Definitive Proxy Statement

TL;DR

IOR filed its proxy statement for the Dec 11 meeting. All standard governance stuff.

AI Summary

Income Opportunity Realty Investors, Inc. (IOR) filed its Definitive Proxy Statement (DEF 14A) on November 14, 2024, for its annual meeting on December 11, 2024. The filing details the company's governance and executive compensation, as is standard for proxy statements.

Why It Matters

This filing provides shareholders with crucial information regarding company management, voting matters, and executive compensation, enabling informed participation in corporate governance.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is standard corporate disclosure and does not inherently present new risks.

Key Players & Entities

• INCOME OPPORTUNITY REALTY INVESTORS, INC. (company) — Registrant
• 0001839882-24-039171 (filing_id) — Accession Number
• 20241114 (date) — Filing Date
• 20241211 (date) — Meeting Date

FAQ

Key Financial Figures

• $5,000 — urrently receives an annual retainer of $5,000 plus reimbursement for expenses. The Ch
• $1,000 — director receives an additional fee of $1,000 per day for any special services render
• $15,000 — r compensation to $5,000 per annum from $15,000 and no Audit Committee fees, with the C
• $500 — tee to receive a one time annual fee of $500. The Company also reimburses directors
• $17,930 — or service as a director. During 2023, $17,930 was paid to the nonemployee directors i
• $5,500 — Jakuszewski ($5,000), Ted R. Munselle ($5,500), Raymond D. Roberts, Sr. a director wh
• $3,750 — director who resigned October 11, 2023 ($3,750), Fernando Victor Lara Celis ($1,250) a
• $1,250 — 3 ($3,750), Fernando Victor Lara Celis ($1,250) and Henry A. Butler ($2,430). Stockho
• $2,430 — ara Celis ($1,250) and Henry A. Butler ($2,430). Stockholders’ Communication wi

Filing Documents

• ior-def14a_121124.htm (DEF 14A) — 218KB
• 0001839882-24-039171.txt ( ) — 219KB

From the Filing

DEF 14A 1 ior-def14a_121124.htm DEFINITIVE PROXY STATEMENTS UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement. CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)). Definitive Proxy Statement. Definitive Additional Materials. Soliciting Material Pursuant to Section 240.14a-12. INCOME OPPORTUNITY REALTY INVESTORS, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously.Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: INCOME OPPORTUNITY REALTY INVESTORS, INC. NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON DECEMBER 11, 2024 Income Opportunity Realty Investors, Inc. will hold its Annual Meeting of Stockholders on Wednesday, December 11, 2024, at 10:00 a.m., local Dallas, Texas time, at 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234. The purpose of the meeting is to consider and act upon: Election of a Board of four directors to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified. Ratification of the selection of Farmer, Fuqua & Huff, P.C. as the independent registered public accounting firm. Such other matters as may properly be presented at the Annual Meeting. Only Stockholders of record at the close of business on Thursday, November 7, 2024, will be entitled to vote at the meeting. Your vote is important. Whether or not you plan to attend the meeting, please complete, sign, date and return the enclosed proxy card in the accompanying envelope provided. Your completed proxy will not prevent you from attending the meeting and voting in person, should you choose. Dated: November 8, 2024 By order of the Board of Directors, Louis J. Corna Executive Vice President, General Counsel, Tax Counsel and Secretary This Proxy Statement is available at www.incomeopp-realty.com . Among other things, the Proxy Statement contains information regarding: The date, time and location of the meeting A list of the matters being submitted to Stockholders Information concerning voting in person INCOME OPPORTUNITY REALTY INVESTORS, INC. PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD DECEMBER 11, 2024 The Board of Directors of Income Opportunity Realty Investors, Inc. (the “Company”or “we” or “us”) is soliciting proxies to be used at the Annual Meeting of Stockholders following the fiscal year ended December 31, 2023 (the “Annual Meeting”). Distribution of this Proxy Statement and a Proxy Form is scheduled to begin on November 13, 2024. The mailing address of the Company’s principal executive offices is 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234. About the Meeting Who Can Vote Record holders of Common Stock of the Company at the close of business on Thursday, November 7, 2024 (the “Record Date”), may vote at the Annual Meeting. On that date, 4,066,178 shares of Common Stock were outstanding. Each share is entitled to cast one vote. How Can You Vote If you return your signed proxy before the Annual Meeting, we will vote your shares as you direct. You can specify whether your shares should be voted for all, some or none of the nominees for director. You can also specify whether you approve, disapprove or abstain from the other proposal to ratify the selection of auditors. If a proxy is executed and returned but no instructions are given, the shares will be voted according to the recommendations of the Board of Directors. The Board of Directors recommends a vote FOR Proposals 1 and 2. Revocation of Proxies You may revoke your proxy at any time before it is exercised by (a) delivering a written notice of revocation to the Corporate Secretary, (b) delivering another proxy that is dated later than the original

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View this DEF 14A filing on SEC EDGAR