Nuvera Communications, Inc. Announces Annual Meeting of Shareholders on May 23, 2024

TL;DR

<b>Nuvera Communications, Inc. will hold its virtual Annual Meeting of Shareholders on May 23, 2024, to elect directors and ratify the appointment of its independent auditor.</b>

AI Summary

Nuvera Communications, Inc. (NUVR) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. Nuvera Communications, Inc. will hold its Annual Meeting of Shareholders on May 23, 2024, at 10:00 a.m. Central Time. The meeting will be conducted virtually via a live webcast at www.virtualshareholdermeeting.com/NUVR2024. Shareholders will have the opportunity to elect three directors for three-year terms. The appointment of Olsen Thielen & Co., Ltd. as the independent registered public accounting firm for the year ended December 31, 2024, will be ratified. The company will also address any other business properly brought before the meeting.

Why It Matters

For investors and stakeholders tracking Nuvera Communications, Inc., this filing contains several important signals. Shareholders have the opportunity to directly influence the company's governance by electing directors. The ratification of the independent auditor ensures transparency and accountability in financial reporting.

Risk Assessment

Risk Level: low — Nuvera Communications, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy materials to make informed decisions regarding director elections and auditor ratification.

Key Numbers

• 3 — Directors to be elected (To serve for ensuing three-year terms.)
• May 23, 2024 — Annual Meeting Date (Date of the Annual Meeting of Shareholders.)
• 10:00 a.m. Central Time — Meeting Time (Time of the Annual Meeting of Shareholders.)

Key Players & Entities

• Nuvera Communications, Inc. (company) — Registrant and filer of the proxy statement.
• May 23, 2024 (date) — Date of the Annual Meeting of Shareholders.
• Olsen Thielen & Co., Ltd. (company) — Proposed independent registered public accounting firm.
• December 31, 2024 (date) — Fiscal year for which the auditor is appointed.
• New Ulm, Minnesota (location) — Location of Nuvera Communications' business and mailing address.

FAQ

Risk Factors

• Compliance with SEC Filing Requirements [low — regulatory]: The company must comply with all SEC regulations for proxy statements and annual meetings.
• Virtual Meeting Participation [low — operational]: Ensuring all shareholders can effectively participate in the virtual meeting is crucial for engagement.

Industry Context

Nuvera Communications operates in the telecommunications sector, providing communication services.

Regulatory Implications

The company is subject to regulations governed by the Securities and Exchange Commission (SEC) regarding shareholder communications and corporate governance.

What Investors Should Do

1. Review the proxy statement for details on director nominees and their qualifications.
2. Understand the role and responsibilities of the independent auditor.
3. Prepare to participate in the virtual meeting and cast votes.

Key Dates

• 2024-05-23: Annual Meeting of Shareholders — Election of directors and ratification of auditors.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a proxy statement for an annual meeting, indicating routine corporate governance activity.

Key Financial Figures

• $1.075 billion — pleting its sale to Alltel Wireless for $1.075 billion in 2006. Mr. Miller also served as Vice

Filing Documents

• def14a.htm (DEF 14A) — 558KB
• proxycard1.jpg (GRAPHIC) — 100KB
• proxycard2.jpg (GRAPHIC) — 80KB
• 0001513162-24-000050.txt (&nbsp;) — 807KB

From the Filing

DEF 14A 1 def14a.htm DEF 14A DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x 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)) x Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 NUVERA COMMUNICATIONS, 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): x No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(4) 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: NUVERA COMMUNICATIONS, INC 27 North Minnesota Street New Ulm, Minnesota 56073 (507) 354-4111 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON THURSDAY, MAY 23, 2024 The Annual Meeting of Shareholders (Annual Meeting) of Nuvera Communications, Inc. (Nuvera or the Company), will be held on Thursday, May 23, 2024, at 10:00 a.m. Central Time. The Annual Meeting will be a virtual meeting of shareholders, which will be conducted via a live webcast. It is important to note that Nuvera shareholders have the same rights and opportunities to participate in this virtual meeting as if they were attending an in-person meeting. You will be able to participate in the Annual Meeting, vote and submit your questions via the live webcast by visiting www.virtualshareholdermeeting.com/NUVR2024. The Annual Meeting will be held for the following purposes: (1) To elect three directors named in the attached proxy statement to serve for ensuing three-year terms; (2) To ratify the appointment of Olsen Thielen & Co., Ltd. as the Company&rsquo;s independent registered public accounting firm for the year ended December 31, 2024; (3) To transact any other business that may properly be brought before the meeting. The Board of Directors (Board) has fixed the close of business on March 28, 2024, as the record date for the determination of shareholders entitled to notice of, and to vote at, the Annual Meeting and any adjournment thereof. BY THE ORDER OF THE BOARD OF NUVERA COMMUNICATIONS, INC. /s/ Barbara A.J. Bornhoft Barbara A.J. Bornhoft - Corporate Secretary New Ulm, Minnesota April 12, 2024 INFORMATION CONCERNING SOLICITATION AND VOTING YOUR VOTE IS IMPORTANT. Whether or not you expect to attend the meeting, please sign and date the proxy and return it promptly in the enclosed envelope or take advantage of the option to vote by Internet or telephone. If you choose to return the proxy card by mail, we have enclosed an envelope, for which no postage is required if mailed in the United States. You may also vote your shares electronically, either over the Internet at www.proxyvote.com or by touch-tone telephone at 1-800-690-6903. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING TO BE HELD ON MAY 23, 2024. This Proxy Statement, along with the Company&rsquo;s 2023 Annual Report and Annual Report on Form 10-K are available free of charge on the following website: www.proxyvote.com. 1 NUVERA COMMUNICATIONS, INC 27 North Minnesota Street New Ulm, Minnesota 56073 (507) 354-4111 PROXY STATEMENT ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON THURSDAY, MAY 23, 2024 QUESTIONS AND ANSWERS What is the purpose of this Proxy Statement? This proxy statement will be made available to shareholders beginning on or about April 12, 2024, for the solicitation of proxies for the Annual Meeting and any adjournment thereof, to be held commencing at 10:00 a.m., Thursday, May 23, 2024. The Annual Meeting will be a virtual meeting of shareholders that will be conducted via live webcast. You will be able to participate in the Annual Meeting, vote and submit your questions via live webcast by visiting www.virtualshareholdermeeting.com/NUVR2

View Full Filing

View this DEF 14A filing on SEC EDGAR