NextPlat Corp DEFA14A: Executive Comp & Equity Awards
Ticker: NXPLW · Form: DEFA14A · Filed: May 2, 2025 · CIK: 1058307
| Field | Detail |
|---|---|
| Company | Nextplat Corp (NXPLW) |
| Form Type | DEFA14A |
| Filed Date | May 2, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
NextPlat Corp's DEFA14A details exec pay & equity awards for FY24. Focus on vesting & fair value changes.
AI Summary
NextPlat Corp filed a DEFA14A on May 2, 2025, detailing executive compensation and corporate actions. The filing covers the fiscal year ending December 31, 2024, and includes information on equity awards, vesting conditions, and changes in fair value. The company, formerly known as ORBSAT CORP, is incorporated in Nevada and operates in the telephone communications sector.
Why It Matters
This filing provides insight into how NextPlat Corp compensates its executives and the valuation of equity awards, which can impact shareholder value and corporate governance.
Risk Assessment
Risk Level: medium — DEFA14A filings often contain information about executive compensation and corporate governance, which can be complex and have significant implications for investors.
Key Numbers
- 20250502 — Filing Date (Date the DEFA14A was filed with the SEC.)
- 1231 — Fiscal Year End (Indicates the end of the company's fiscal year for which compensation data is reported.)
Key Players & Entities
- NextPlat Corp (company) — Filer
- ORBSAT CORP (company) — Former company name
- Orbital Tracking Corp. (company) — Former company name
- Great West Resources, Inc. (company) — Former company name
- 3250 MARY ST (location) — Business and mailing address
- COCONUT GROVE (location) — City for business and mailing address
- NV (location) — State of incorporation
- FL (location) — State for business and mailing address
FAQ
What is the primary purpose of this DEFA14A filing?
The primary purpose is to provide information regarding the solicitation of proxies for the company's annual meeting of stockholders, including details on executive compensation, director nominations, and other corporate matters.
What is NextPlat Corp's SIC code and industry?
NextPlat Corp's SIC code is 4813, which corresponds to Telephone Communications (No Radio Telephone).
When did NextPlat Corp change its name from ORBSAT CORP?
NextPlat Corp changed its name from ORBSAT CORP on August 19, 2019.
What is the business address of NextPlat Corp?
The business address of NextPlat Corp is 3250 Mary St, Suite 410, Coconut Grove, FL 33133.
What fiscal year does the compensation information in this filing primarily cover?
The compensation information in this filing primarily covers the fiscal year ending December 31, 2024, with comparative data from 2023.
Filing Details
This Form DEFA14A (Form DEFA14A) was filed with the SEC on May 2, 2025 regarding NextPlat Corp (NXPLW).