Lucky Strike Sets Virtual Annual Meeting, Elects New Directors

TL;DR

**LUCK's virtual annual meeting is a routine governance check, but new board additions could signal future strategic shifts in hospitality and finance.**

AI Summary

Lucky Strike Entertainment Corp. (LUCK) is holding its 2025 Annual Meeting of Stockholders on December 9, 2025, virtually via live webcast. The company, formerly known as Bowlero Corp., is soliciting proxies for the election of nine director nominees, including founder and CEO Thomas F. Shannon, and the ratification of Deloitte & Touche LLP as its independent registered public accounting firm for the fiscal year ending June 28, 2026. New directors Richard Born and Jason Harinstein joined the board in June 2025, bringing expertise in hospitality real estate and executive financial leadership, respectively. The board emphasizes expanded stockholder access through the virtual format and highlights the experience of its nominees, such as Michael J. Angelakis with extensive financial expertise and Robert J. Bass with public company financial reporting knowledge. The company is leveraging SEC's 'notice and access' rules to provide proxy materials online, aiming to reduce environmental impact and cost. Stockholders of record as of October 22, 2025, are eligible to vote.

Why It Matters

This DEF 14A filing outlines key governance decisions for Lucky Strike Entertainment, impacting investor confidence through board composition and auditor selection. The virtual meeting format, while cost-effective, also signals the company's approach to shareholder engagement and transparency. The addition of new directors like Richard Born and Jason Harinstein could bring fresh perspectives in hospitality and finance, potentially influencing strategic direction and competitive positioning against rivals in the entertainment and leisure sector. For employees and customers, a stable and experienced board can lead to more consistent long-term strategy and operational efficiency.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance matters such as director elections and auditor ratification, which are standard for public companies. There are no immediate red flags regarding financial distress, significant operational changes, or contentious shareholder proposals. The virtual meeting format is presented as a benefit for 'expanded stockholder access' and 'reducing the environmental impact and cost'.

Analyst Insight

Investors should review the backgrounds of the director nominees, especially new additions Richard Born and Jason Harinstein, to understand potential shifts in strategic focus. Vote on the proposals as recommended by management, particularly the ratification of Deloitte & Touche LLP, which is a standard governance practice. Pay attention to any 'other business' that may arise during the virtual meeting.

Key Numbers

• 2025-12-09 — Annual Meeting Date (Date of Lucky Strike Entertainment's virtual Annual Meeting of Stockholders)
• 10:00 a.m. Eastern Time — Annual Meeting Time (Scheduled start time for the virtual Annual Meeting)
• 2025-10-22 — Record Date (Stockholders of record on this date are entitled to vote at the Annual Meeting)
• 9 — Number of Directors (Current authorized size of Lucky Strike Entertainment's board of directors)
• 2026-06-28 — Fiscal Year End (Fiscal year for which Deloitte & Touche LLP is proposed as independent auditor)
• 1997 — Year Founded (Year Thomas F. Shannon founded Old Bowlero with the acquisition of Bowlmor Lanes)
• 2021 — Director Since (Year Thomas F. Shannon, Michael J. Angelakis, Robert J. Bass, Rachael A. Wagner, and John A. Young became directors of Lucky Strike Entertainment)
• 2025 — Director Since (Year Richard Born and Jason Harinstein became directors of Lucky Strike Entertainment)
• 2022 — Director Since (Year Alberto Perlman became a director of Lucky Strike Entertainment)
• 60 — Age of Thomas F. Shannon (Age of Lucky Strike Entertainment's Chairman and CEO)

Key Players & Entities

• Lucky Strike Entertainment Corporation (company) — Registrant and former Bowlero Corp.
• Thomas F. Shannon (person) — Chairman and Chief Executive Officer of Lucky Strike Entertainment
• Deloitte & Touche LLP (company) — Independent registered public accounting firm nominee
• Michael J. Angelakis (person) — Director of Lucky Strike Entertainment, Chairman and CEO of Atairos
• Robert J. Bass (person) — Director of Lucky Strike Entertainment, former Vice Chairman of Deloitte & Touche LLP
• Richard Born (person) — Director of Lucky Strike Entertainment since June 2025, co-founder of BD Hotels
• Jason Harinstein (person) — Director of Lucky Strike Entertainment since June 2025, former CFO of Collectors Holdings Inc.
• Sandeep Mathrani (person) — Director of Lucky Strike Entertainment, Managing Director of Sycamore Partners
• Alberto Perlman (person) — Director of Lucky Strike Entertainment, CEO and co-founder of Zumba Fitness, LLC
• Securities and Exchange Commission (regulator) — Regulates proxy statement filings

FAQ

Industry Context

The entertainment and leisure industry, particularly bowling and entertainment centers, is competitive and subject to consumer discretionary spending trends. Lucky Strike Entertainment operates in this space, which has seen a resurgence in interest for social and experiential entertainment. The company's transition from Bowlero Corp. to Lucky Strike Entertainment Corp. may signal a strategic shift or rebranding effort to capture a broader market or enhance its brand identity within this evolving sector.

Regulatory Implications

As a publicly traded company, Lucky Strike Entertainment is subject to SEC regulations, including those governing proxy solicitations and financial reporting. Compliance with these regulations is crucial for maintaining investor confidence and avoiding penalties. The use of 'notice and access' rules for proxy materials highlights adherence to cost-saving and environmental initiatives mandated or encouraged by regulatory bodies.

What Investors Should Do

1. Review Director Nominees
2. Vote on Auditor Ratification
3. Participate in the Virtual Meeting
4. Understand Executive Compensation

Key Dates

• 2025-12-09: Annual Meeting of Stockholders — This is the date for the virtual meeting where stockholders will vote on key proposals, including director elections and auditor ratification.
• 2025-10-22: Record Date — Stockholders who owned shares on this date are eligible to vote at the Annual Meeting, establishing the voting base.
• 2025-10-24: Mailing of Notice of Internet Availability of Proxy Materials — This date marks the commencement of the proxy solicitation period, informing stockholders how to access proxy materials and vote.
• 2026-06-28: Fiscal Year End — This is the end of the fiscal year for which Deloitte & Touche LLP is proposed as the independent auditor, indicating the period of their audit.

Glossary

DEF 14A

A proxy statement filed with the SEC by publicly traded companies. It contains information about the company's annual meeting, including proposals to be voted on by shareholders, director nominees, and executive compensation. (This document is the primary source of information for the annual meeting and contains details on director elections, auditor ratification, and other corporate governance matters.)

Proxy

A document that authorizes another person to act on behalf of the shareholder, typically to vote their shares at a shareholder meeting. (The company is soliciting proxies to ensure it has enough votes to pass proposals at the Annual Meeting, particularly for the election of directors.)

Notice and Access

An SEC rule that allows companies to provide proxy materials to shareholders electronically over the internet, rather than mailing physical copies, to reduce costs and environmental impact. (Lucky Strike Entertainment is utilizing this rule to distribute its proxy materials, making them available online and sending out a notice of availability.)

Independent Registered Public Accounting Firm

An external audit firm that is independent of the company and is responsible for auditing the company's financial statements. (The ratification of Deloitte & Touche LLP as the independent auditor is a key proposal for stockholders to vote on at the Annual Meeting.)

Board of Directors

A group of individuals elected by shareholders to oversee the management of a company and represent shareholder interests. (The election of nine director nominees is a primary agenda item for the Annual Meeting.)

Year-Over-Year Comparison

This filing indicates a transition for Lucky Strike Entertainment Corp., formerly Bowlero Corp., with a new name and a virtual annual meeting format. The introduction of new directors in June 2025 suggests potential shifts in board composition and strategic oversight. The company's adoption of 'notice and access' rules for proxy materials points to an ongoing effort to modernize communication and reduce operational costs compared to previous physical mailings.

Key Financial Figures

• $9.25 billion — tate company, as well as the successful $9.25 billion acquisition of GGP by Brookfield Proper

Filing Documents

• tm2525902-1_def14a.htm (DEF 14A) — 739KB
• cv_obc-4c.jpg (GRAPHIC) — 1118KB
• cv_ofc-4c.jpg (GRAPHIC) — 604KB
• lg_luckyxstrike-4c.jpg (GRAPHIC) — 16KB
• px_25luckyproxy01pg01-bw.jpg (GRAPHIC) — 240KB
• px_25luckyproxy01pg02-4c.jpg (GRAPHIC) — 180KB
• sg_thomasfshannon-bw.jpg (GRAPHIC) — 6KB
• 0001104659-25-102144.txt ( ) — 3662KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 16 Introduction 16 Compensation Consultants 16 Employment Agreements 16 Stock Options 18 Stock Units and Restricted Shares 19 Retirement Plans 21 2025 Compensation Determinations 21 Equity Award Timing Policies 22 Summary Compensation Table 23 Outstanding Equity Awards at Fiscal Year End 24 Compensation of Directors 26 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 28 Business Combination 28 Stockholders Agreement 28 Registration Rights Agreement 28 Indemnification Agreements 28 Policies and Procedures for Related Party Transactions 28

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 30 Delinquent Section 16(a) Reports 32 QUESTIONS AND ANSWERS 33 WHERE YOU CAN FIND MORE INFORMATION 38 OTHER MATTERS 39 In this Proxy Statement, unless otherwise indicated or the context otherwise requires, references to the "Company," "Lucky Strike Entertainment," "we," "us" and "our" refer to Lucky Strike Entertainment Corporation and its consolidated subsidiaries. i TABLE OF CONTENTS LUCKY STRIKE ENTERTAINMENT CORPORATION 7313 Bell Creek Road Mechanicsville, VA 23111 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON DECEMBER 9, 2025 PROXY STATEMENT GENERAL INFORMATION This proxy statement is furnished to stockholders of Lucky Strike Entertainment Corporation, a Delaware corporation (the "Company"), in connection with the solicitation of proxies by our board of directors (the "Board") for use at our 2025 Annual Meeting of Stockholders to be held on December 9, 2025 in a virtual meeting format via live webcast at https://web.viewproxy.com/LUCK/2025 (the "Annual Meeting"), at 10:00 a.m. Eastern Standard Time, and at any adjournment or postponement thereof. Stockholders will not be able to physically attend the Annual Meeting. We believe the virtual meeting technology provides expanded stockholder access while providing stockholders the same rights and opportunities to participate as they would have at an in-person meeting. We encourage stockholder participation in the Annual Meeting, which we have designed to promote stockholder engagement. You will be able to attend the Annual Meeting by first registering at https://web.viewproxy.com/LUCK/2025. You will receive a meeting invitation by e-mail with your unique join link along with a password prior to the meeting date. Stockholders will be able to listen, vote and submit questions during the virtual meeting. There is no physical location for the Annual Meeting. The Rules of Conduct for the Annual Meeting will be available

View Full Filing

View this DEF 14A filing on SEC EDGAR