Innovative Eyewear Files Definitive Proxy Statement

TL;DR

Innovative Eyewear filed its proxy statement for the July 8th shareholder meeting. Vote wisely.

AI Summary

Innovative Eyewear Inc. filed its definitive proxy statement (DEF 14A) on May 28, 2024, for its annual meeting scheduled for July 8, 2024. The filing provides details regarding the company's governance and proposals to be voted on by shareholders. The company is based in Miami, Florida, and operates in the ophthalmic goods sector.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda for the upcoming annual meeting, including any proposed changes to the board of directors or company policies, allowing them to make informed voting decisions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) that provides information to shareholders and does not inherently indicate new risks.

Key Numbers

• 20240708 — Annual Meeting Date (Date of the shareholder meeting for which the proxy statement is filed.)
• 20240528 — Filing Date (Date the definitive proxy statement was filed with the SEC.)

Key Players & Entities

• Innovative Eyewear Inc. (company) — Registrant
• Miami, Florida (location) — Company Headquarters
• 0001808377 (company_id) — Central Index Key
• 3851 (industry_code) — Standard Industrial Classification

FAQ

Key Financial Figures

• $0.244 — ock, at a per warrant exercise price of $0.244 (the “Investor Warrants”) a
• $0.305 — r common stock, at an exercise price of $0.305 (the “Placement Agent Warrants&rd
• $0.00001 — d shares of our Common Stock, par value $0.00001 per share (the “ Common Stock &rd

Filing Documents

• innovativeeye_def14a.htm (DEF 14A) — 331KB
• 0001829126-24-003800.txt ( ) — 333KB

From the Filing

DEF 14A 1 innovativeeye_def14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 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 Solicitation Material Pursuant to Rule 14a-11(c) or rule 14a-12 INNOVATIVE EYEWEAR, 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 paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 INNOVATIVE EYEWEAR, INC. 11900 Biscayne Blvd., Suite 630 North Miami, Florida, 33181 May 28, 2024 To the Stockholders of Innovative Eyewear, Inc.: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the “ Annual Meeting ”) of Innovative Eyewear, Inc. (the “ Company ”) to be held on a virtual basis on Monday, July 8, 2024 at 10:00 a.m. Eastern Time, for the following purposes: 1. To elect Harrison Gross, Louis Castro, Kristen McLaughlin and Olivia Bartlett as directors to the Company (the “Board” or “Board of Directors”) to hold office until the Company’s 2025 annual meeting of stockholders and until their respective successors are duly elected and qualified; 2. To ratify the appointment of Cherry Bekaert LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; 3. To approve an amendment (the “Split Amendment”) to our Articles of Incorporation, as amended (the “Articles of Incorporation”) to effect a reverse stock split of our issued and outstanding Common Stock at a range of between 1-for-8 and 1-for-24, (the “Reverse Split”) and with such Reverse Split to be effected at such time and date, if at all, and in the amount determined by the Board in its sole discretion (provided that it is effected within one year of the date on which the stockholders of the Company approve the Reverse Stock Split); 4. To approve, in accordance with Nasdaq Listing Rule 5635(d), the issuance of shares of our common stock upon the exercise of the investor’s warrants to purchase up to 4,200,822 shares of our common stock, at a per warrant exercise price of $0.244 (the “Investor Warrants”) and the issuance of shares of our common stock upon the exercise of the placement agent’s warrants to purchase up to 315,062 shares of our common stock, at an exercise price of $0.305 (the “Placement Agent Warrants” together with the Investor Warrants, the “May 2024 Offering Warrants”) issued on May 1, 2024 (the “May 2024 Offering”); and 5. To transact any other business which may properly be brought before the Annual Meeting or any adjournment thereof. THE BOARD UNANIMOUSLY RECOMMENDS A VOTE FOR THE ELECTION OF EACH OF THE DIRECTOR NOMINEES , AS WELL AS A VOTE FOR EACH OF PROPOSAL 2, PROPOSAL 3, and PROPOSAL 4 . The Board has fixed the close of business on May 3, 2024 as the record date (the “ Record Date ”) for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting or any postponement or adjournment thereof. Accordingly, only stockholders of record at the close of business on the Record Date are entitled to notice of, and shall be entitled to vote at, the Annual Meeting or any postponement or adjournment thereof. Your vote is important. You are requested to carefully read the Proxy Statement and accompanying Notice of Annual Meeting for a more complete statement of matters to be considered at the Annual Meeting. Sincerely yours, /s/ Harrison Gross Harrison R. Gross Chief Executive Officer and Director Innovative Eyewear, Inc. IMPORTANT WHETHER OR NOT YOU EXPECT TO ATTEND THE VIRTUAL ANNUAL MEETING, PLEASE READ THE PROXY STATEMENT AND PROMPTLY VOTE YOUR PROXY VIA THE INTERNET, BY TELEPHONE OR, IF YOU RECEIVED A PRINTED FORM OF PROXY IN THE MAIL, BY COMPLETING, DATING, SIGNING AND RETURNING THE ENCLOSED PROXY IN ORDER TO ASSURE REPRESENTATION OF YOUR SHARES AT THE ANNUAL MEETING. YOUR PROXY, GIVEN THROUGH THE RETURN OF THE PROXY CARD, MAY BE REVOKED PRIOR TO ITS EXERCISE BY FILING WITH OUR CORPORATE SECRETARY PRIOR TO THE ANNUAL MEETING A WRITTEN NOTICE OF REVOCATION OR A DULY EXECUTED PROXY BEARING A LATER DATE, OR BY ATTENDING THE VIRTUAL MEETING AND VOTING. IF YOU HAVE ALREADY VOTED OR DELIVERED YOUR PROXY FOR THE ANNUAL MEET

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View this DEF 14A filing on SEC EDGAR