OPAL Fuels Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>OPAL Fuels Inc. will hold its virtual Annual Meeting of Stockholders on June 18, 2024, to elect directors and ratify auditors.</b>

AI Summary

OPAL Fuels Inc. (OPAL) filed a Proxy Statement (DEF 14A) with the SEC on April 22, 2024. Annual Meeting scheduled for June 18, 2024, at 10:00 am ET, conducted virtually. Stockholders will vote on electing seven directors for a one-year term. The appointment of BDO USA, P.C. as the independent registered public accounting firm for FY2024 will be ratified. Record date for determining stockholders entitled to vote is April 19, 2024. Proxy materials are being distributed via the Internet under SEC's 'Notice and Access' rules.

Why It Matters

For investors and stakeholders tracking OPAL Fuels Inc., this filing contains several important signals. The virtual format aims to reduce delivery costs and environmental impact while providing convenient access for stockholders. Key decisions regarding board composition and auditor ratification will be made, impacting corporate governance and financial oversight.

Risk Assessment

Risk Level: low — OPAL Fuels Inc. shows low risk based on this filing. The filing is a routine proxy statement with no new financial or operational disclosures, indicating low immediate risk.

Analyst Insight

Stockholders should review the proposals and vote by the record date of April 19, 2024, to ensure their participation in corporate governance decisions.

Key Numbers

• 7 — Directors (Number of directors to be elected at the Annual Meeting.)
• June 18, 2024 — Annual Meeting Date (Date of the Annual Meeting of Stockholders.)
• April 19, 2024 — Record Date (Date for determining stockholders eligible to vote.)

Key Players & Entities

• OPAL Fuels Inc. (company) — Registrant and filer of the proxy statement.
• BDO USA, P.C. (company) — Proposed independent registered public accounting firm.
• June 18, 2024 (date) — Date of the Annual Meeting of Stockholders.
• April 19, 2024 (date) — Record date for determining stockholders entitled to vote.
• 2025 Annual Meeting of Stockholders (date) — Term end for elected directors.
• December 31, 2024 (date) — Fiscal year end for which the auditor is appointed.

FAQ

Risk Factors

• Compliance with SEC Filing Requirements [low — regulatory]: Failure to comply with SEC regulations regarding proxy statements and annual meetings could result in penalties or reputational damage.
• Virtual Meeting Logistics [low — operational]: Potential technical issues or limited accessibility could hinder stockholder participation in the virtual annual meeting.

Industry Context

OPAL Fuels Inc. operates in the energy and transportation services sector, focusing on renewable fuels.

Regulatory Implications

The filing adheres to the Securities Exchange Act of 1934, specifically Section 14(a) and Regulation 14A, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the proposal to ratify BDO USA, P.C. as the independent auditor.
3. Ensure voting instructions are followed by the record date of April 19, 2024.

Key Dates

• 2024-06-18: Annual Meeting of Stockholders — Key date for voting on director elections and auditor ratification.
• 2024-04-19: Record Date — Determines which stockholders are eligible to vote at the Annual Meeting.

Year-Over-Year Comparison

This is a DEF 14A filing, indicating it is the definitive proxy statement for the annual meeting, following any preliminary filings.

Filing Documents

• proxystatementannualmeetin.htm (DEF 14A) — 630KB
• a187780opalfuelsincproxy001a.jpg (GRAPHIC) — 164KB
• a187780opalfuelsincproxy002a.jpg (GRAPHIC) — 153KB
• 0001842279-24-000018.txt (&nbsp;) — 1068KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 24

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 33 DELINQUENT SECTION 16(a) REPORTS 37 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 38 HOUSEHOLDING 43 OTHER MATTERS 43 4 OPAL Fuels Inc. One North Lexington Avenue, Suite 1450 White Plains, New York 10601 PROXY STATEMENT Annual Meeting of Stockholders To be held on June 18, 2024 General We are providing these proxy materials in connection with the solicitation by the Board of Directors (the "Board" or "Board of Directors") of OPAL Fuels Inc. of the proxies to be voted at our 2024 Annual Meeting of Stockholders (the "Meeting" or "Annual Meeting") and at any and all postponements or adjournments thereof. The Meeting will be held on Wednesday, June 18, 2024, at 1000 am, Eastern Time. The Meeting will be held virtually via live webcast, which you may attend by visiting httpswww.cstproxy.comopalfuels2024 . The Notice of Internet Availability of Proxy Materials, proxy statement and form of proxy are being distributed and made available on the internet or about April 22, 2024 to all stockholders of record entitled to vote at the Annual Meeting. Only stockholders who owned our common stock on April 19, 2024 are entitled to vote at the Annual Meeting. In this proxy statement, OPAL Fuels Inc. is referred to as "OPAL," the "Company," "we," "our," or "us." The Meeting will be conducted as a virtual meeting of stockholders by means of a live webcast. As we believe that hosting our Annual Meeting virtually would be in the best interests of our stockholders and employees and enable improved communication and greater stockholder attendance and participation from any location, the Annual Meeting will be held in a virtual meeting format only. There will not be a physical meeting location and you will not be able to attend in person. If you are a registered stockholder or beneficial owner of the Company's Class A common stock, Class B common stock or Class D common stock holding sha

View Full Filing

View this DEF 14A filing on SEC EDGAR