AYRO, Inc. Files Definitive Proxy Statement

TL;DR

AYRO proxy filed. Vote on directors & auditors.

AI Summary

AYRO, Inc. filed its definitive proxy statement on December 5, 2024, for its annual meeting. The filing outlines proposals for the election of directors, ratification of the independent registered public accounting firm, and other business as may properly come before the meeting. Shareholders will vote on the company's governance and strategic direction.

Why It Matters

This filing is crucial for shareholders as it details the proposals they will vote on, directly impacting the company's leadership and corporate governance.

Risk Assessment

Risk Level: low — A DEF 14A filing is a routine disclosure and does not inherently present new risks.

Key Players & Entities

• AYRO, Inc. (company) — Registrant
• December 5, 2024 (date) — Filing Date
• 900 E. OLD SETTLERS BOULEVARD, SUITE 100 (address) — Company Business Address
• ROUND ROCK, TX 78664 (address) — Company Business Address

FAQ

Key Financial Figures

• $0.0001 — Company’s common stock, par value $0.0001 per share (“Common Stock”),
• $31.20 — on Stock at a conversion price equal to $31.20. Accordingly, each holder of Series H-6
• $1,000 b — ermined by dividing the stated value of $1,000 by $5.76 per share on all matters present
• $5.76 — dividing the stated value of $1,000 by $5.76 per share on all matters presented to t

Filing Documents

• formdef14a.htm (DEF 14A) — 1129KB
• formdef14a_001.jpg (GRAPHIC) — 8KB
• formdef14a_002.jpg (GRAPHIC) — 53KB
• formdef14a_003.jpg (GRAPHIC) — 47KB
• proxy_001.jpg (GRAPHIC) — 297KB
• proxy_002.jpg (GRAPHIC) — 222KB
• 0001493152-24-048901.txt ( ) — 1993KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 19 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 21

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 22 PAY VERSUS PERFORMANCE 32 INCENTIVE PLAN AMENDMENT PROPOSAL 37 AUDIT COMMITTEE MATTERS 45 AUDITOR RATIFICATION PROPOSAL 46 REVERSE STOCK SPLIT PROPOSAL 48 THE ADJOURNMENT PROPOSAL 56 OTHER BUSINESS 57 SUBMISSION OF FUTURE STOCKHOLDER PROPOSALS 57 Form of Proxy Card i AYRO, INC. 900 E. Old Settlers Boulevard, Suite 100 Round Rock, Texas 78664 Telephone: (512) 994-4917 PROXY FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON DECEMBER 30, 2024 Unless the context otherwise requires, references in this proxy statement (the “Proxy Statement”) to “we,” “us,” “our,” the “Company” or “AYRO” refer to AYRO, Inc., a Delaware corporation, and its direct and indirect subsidiaries. In addition, unless the context otherwise requires, references to “stockholders” are to the holders of our voting securities, which consist of our common stock, par value $0.0001 per share (“Common Stock”), Series H-6 Convertible Preferred Stock, par value $0.0001 per share (“Series H-6 Preferred Stock”), and Series H-7 Convertible Preferred Stock, par value $0.0001 per share (“Series H-7 Preferred Stock”). The accompanying proxy is solicited by the board of directors (the “Board”) on behalf of the Company to be voted at the 2024 annual meeting of stockholders of the Company (the “Annual Meeting”) to be held virtually via live webcast on the Internet at www.virtualshareholdermeeting.com/AYRO2024, on December 30, 2024, at 10:00 a.m., New York time, for the purposes set forth in the accompanying Notice of Annual Meeting of Stockholders (the “Notice”), and at any postponement(s), adjournment(s) or recess(es) thereof. This Proxy Statement, along with the Notice and proxy card are being mailed to our stockholders beginning on or about December 5, 2024. If you held sha

View Full Filing

View this DEF 14A filing on SEC EDGAR