Optex Systems Holdings Inc. Announces 2024 Annual Meeting of Shareholders
Ticker: OPXS · Form: DEF 14A · Filed: Jan 22, 2024 · CIK: 1397016
| Field | Detail |
|---|---|
| Company | Optex Systems Holdings Inc (OPXS) |
| Form Type | DEF 14A |
| Filed Date | Jan 22, 2024 |
| Risk Level | |
| Pages | 15 |
| Reading Time | 19 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Board of Directors, Auditor Ratification, Shareholder Voting
TL;DR
<b>Optex Systems Holdings Inc. will hold its 2024 Annual Meeting virtually on February 21, 2024, to elect directors and ratify auditors.</b>
AI Summary
Optex Systems Holdings Inc (OPXS) filed a Proxy Statement (DEF 14A) with the SEC on January 22, 2024. The 2024 Annual Meeting of Shareholders for Optex Systems Holdings, Inc. will be held virtually on February 21, 2024, at 10:00 a.m. Central Time. Shareholders will vote on electing four nominees to the Board of Directors for terms expiring at the next annual meeting. The appointment of Whitley Penn LLP as the independent registered public accounting firm for the fiscal year ending September 29, 2024, will be ratified. The Board of Directors unanimously recommends a vote 'FOR' each director nominee and 'FOR' the auditor ratification proposal. The record date for determining shareholders entitled to vote was January 16, 2024.
Why It Matters
For investors and stakeholders tracking Optex Systems Holdings Inc, this filing contains several important signals. Shareholders have the opportunity to influence the company's leadership by electing directors. The ratification of the independent auditor ensures financial transparency and compliance.
Risk Assessment
Risk Level: — Optex Systems Holdings Inc shows moderate risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational changes indicated.
Analyst Insight
Shareholders should review the director nominees and auditor appointment before the February 21, 2024 meeting.
Key Numbers
- 4 — Director Nominees (Number of nominees to be elected to the Board of Directors)
- 2024 — Annual Meeting Year (Year of the Annual Meeting of Shareholders)
Key Players & Entities
- Optex Systems Holdings Inc. (company) — Registrant and company name
- Whitley Penn LLP (company) — Independent registered public accounting firm
- February 21, 2024 (date) — Date of the Annual Meeting
- January 16, 2024 (date) — Record date for shareholders
- September 29, 2024 (date) — Fiscal year end for auditor appointment
FAQ
When did Optex Systems Holdings Inc file this DEF 14A?
Optex Systems Holdings Inc filed this Proxy Statement (DEF 14A) with the SEC on January 22, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Optex Systems Holdings Inc (OPXS).
Where can I read the original DEF 14A filing from Optex Systems Holdings Inc?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Optex Systems Holdings Inc.
What are the key takeaways from Optex Systems Holdings Inc's DEF 14A?
Optex Systems Holdings Inc filed this DEF 14A on January 22, 2024. Key takeaways: The 2024 Annual Meeting of Shareholders for Optex Systems Holdings, Inc. will be held virtually on February 21, 2024, at 10:00 a.m. Central Time.. Shareholders will vote on electing four nominees to the Board of Directors for terms expiring at the next annual meeting.. The appointment of Whitley Penn LLP as the independent registered public accounting firm for the fiscal year ending September 29, 2024, will be ratified..
Is Optex Systems Holdings Inc a risky investment based on this filing?
Based on this DEF 14A, Optex Systems Holdings Inc presents a moderate-risk profile. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational changes indicated.
What should investors do after reading Optex Systems Holdings Inc's DEF 14A?
Shareholders should review the director nominees and auditor appointment before the February 21, 2024 meeting. The overall sentiment from this filing is neutral.
How does Optex Systems Holdings Inc compare to its industry peers?
Optex Systems Holdings, Inc. operates in the optical instruments and lenses industry, focusing on specialized applications.
Are there regulatory concerns for Optex Systems Holdings Inc?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.
Industry Context
Optex Systems Holdings, Inc. operates in the optical instruments and lenses industry, focusing on specialized applications.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.
What Investors Should Do
- Review the biographies and qualifications of the director nominees.
- Understand the scope of the auditor's responsibilities and the proposed ratification.
- Ensure your proxy is submitted or vote in person (virtually) by the meeting date.
Key Dates
- 2024-02-21: 2024 Annual Meeting of Shareholders — Shareholders will vote on director elections and auditor ratification.
- 2024-01-16: Record Date — Determines shareholders eligible to vote at the Annual Meeting.
Glossary
- Proxy Statement
- A document filed with the SEC that contains information about matters to be voted on at a shareholder meeting. (Provides essential details for shareholders to make informed voting decisions.)
- Annual Meeting of Shareholders
- A yearly meeting where shareholders elect directors and vote on other corporate matters. (Key event for shareholder governance and oversight of the company.)
Year-Over-Year Comparison
This is a definitive proxy statement (DEF 14A) for the 2024 Annual Meeting, indicating a routine annual corporate governance event.
Filing Stats: 4,643 words · 19 min read · ~15 pages · Grade level 11.9 · Accepted 2024-01-22 16:05:20
Filing Documents
- formdef14a.htm (DEF 14A) — 392KB
- proxy_001.jpg (GRAPHIC) — 269KB
- 0001493152-24-003175.txt ( ) — 764KB
From the Filing
DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy 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 Soliciting Material under §240.14a-12 Optex Systems Holdings, 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. Optex Systems Holdings, Inc. 1420 Presidential Drive Richardson, TX 75081 January 22, 2024 To the Shareholders of Optex Systems Holdings, Inc.: You are cordially invited to attend the 2024 Annual Meeting of Shareholders (the “Annual Meeting”) of Optex Systems Holdings, Inc., a Delaware corporation (the “Company”), to be held virtually at 10:00 a.m. Central Time on February 21, 2024, to consider and vote upon the following proposals: 1. To elect four nominees to the Company’s Board of Directors (the “Board”), each for a term expiring at the next annual meeting of shareholders of the Company, and until his successor has been duly elected and qualified (to which we refer as “Proposal 1” or the “Director Election” proposal). 2. To ratify the appointment of Whitley Penn LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 29, 2024 (to which we refer as “Proposal 2” or the “Auditor Ratification” proposal). 3. To transact such other business as may be properly brought before the Annual Meeting and any adjournment or postponement thereof. The Annual Meeting will be a virtual meeting to be held as a listen-only conference call by calling 877-407-3088 (Toll Free). There will not be a physical meeting location. If you encounter any technical difficulties with the virtual meeting platform on the meeting day, please call 877-804-2062 (toll free) or email proxy@equitystock.com. THE BOARD UNANIMOUSLY RECOMMENDS A VOTE “FOR” EACH OF THE NOMINEES in the Director Election proposal and “FOR” the Auditor Ratification proposal. The Board has fixed the close of business on January 16, 2024 as the record date for determining the shareholders of the Company entitled to notice of, and to vote at, the Annual Meeting or any adjournment or postponement thereof. Accordingly, only shareholders of record at the close of business on January 16, 2024 are entitled to notice of, and to vote at, the Annual Meeting or any postponement or adjournment thereof. Please review in detail the accompanying notice and proxy statement for a more complete statement of matters to be considered at the Annual Meeting. Your vote is very important to us regardless of the number of shares you own. Whether or not you are able to attend the Annual Meeting in person, 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. Granting a proxy will not limit your right to vote virtually at the meeting if you wish to do so. By Order of the Board of Directors: /s/ Danny Schoening Danny Schoening, Chairman of the Board of Directors NOTICE OF ANNUAL MEETING OF SHAREHOLDERS The 2024 Annual Meeting of shareholders (the “Annual Meeting”) of Optex Systems Holdings, Inc. (the “Company”) will be held virtually beginning at 10:00 a.m. Central Time on February 21, 2024. At the Annual Meeting, the holders of the Company’s outstanding common stock will act on the following matters: 1. To elect four nominees to the Company’s Board of Directors (the “Board”), each for a term expiring at the next annual meeting of shareholders of the Company, and until his successor has been duly elected and qualified (to which we refer as “Proposal 1” or the “Director Election” proposal). 2. To ratify the appointment of Whitley Penn LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 29, 2024 (to which we refer as “Proposal 2” or the “Auditor Ratification” proposal). 3. To transact such other business as may be properly brought before the Annual Meeting and any adjournment or postponement thereof. The Annual Meeting will be a virtual meeting to be held as a listen-