Tofutti Brands Files Proxy Statement for Annual Meeting

TL;DR

Tofutti Brands (TOFT) proxy filed - shareholders vote on directors & auditors soon.

AI Summary

Tofutti Brands Inc. filed its definitive proxy statement on June 18, 2024, for its annual meeting. The filing outlines the proposals to be voted on by shareholders, including the election of directors and the ratification of the independent registered public accounting firm. Specific details regarding executive compensation, stock performance, and other corporate governance matters are also included.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions on company leadership and governance, impacting the future direction and performance of Tofutti Brands.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information to shareholders and does not inherently present new risks.

Key Players & Entities

• TOFUTTI BRANDS INC (company) — Registrant
• 0001493152-24-024230 (filing_id) — Accession Number
• 20240618 (date) — Filing Date

FAQ

Key Financial Figures

• $0.01 — 6 shares of our common stock, par value $0.01 per share, were issued and outstanding.

Filing Documents

• formdef14a.htm (DEF 14A) — 202KB
• proxy_001.jpg (GRAPHIC) — 176KB
• proxy_002.jpg (GRAPHIC) — 226KB
• 0001493152-24-024230.txt ( ) — 757KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 14A Proxy Exchange Act of 1934 (Amendment No. ) 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 Pursuant to ss. 240.14a-12 TOFUTTI BRANDS 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): Fee not required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) 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: TOFUTTI BRANDS INC. 50 Jackson Drive Cranford, New Jersey 07016 Telephone: (908) 272-2400 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS June 18, 2024 To Our Shareholders: On behalf of the Board of Directors, I cordially invite you to attend the 2024 Annual Meeting of the Shareholders of Tofutti Brands Inc. The Annual Meeting will be held at 10:00 a.m. on Thursday, July 18, 2024, at the Homewood Suites, 2 Jackson Drive, Cranford, New Jersey 07016. The Homewood Suites is located off Exit 136 of the Garden State Parkway (telephone no. 908-709-1980). The matters expected to be acted upon at the Annual Meeting are: 1. To elect four directors to the Board of Directors for the ensuing year; 2. To ratify the selection of Rosenberg Rich Baker Berman, P.A. (RRBB) as our independent registered public accounting firm for the fiscal year ending December 28, 2024; and 3. To act upon any other matters that may properly be brought before the Annual Meeting and any adjournment thereof. Shareholders of record at the close of business on June 18, 2024, the record date for the Annual Meeting, will be entitled to notice of, and to vote at, the meeting or any adjournment thereof. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE SHAREHOLDER MEETING TO BE HELD ON JULY 18, 2024 : This Proxy Statement, the proxy card and our 2023 annual report are available at www.astproxyportal.com/ast/06247 Your vote is important . Whether or not you plan to attend the meeting, we urge you to vote your shares at your earliest convenience. This will help ensure the presence of a quorum at the meeting. Promptly voting your shares by signing, dating, and returning the enclosed proxy card will save us the expense and extra work of additional solicitation. A pre-addressed envelope for which no postage is required if mailed in the United States is enclosed. Voting your shares now will not prevent you from attending or voting your shares at the meeting if you desire to do so. By order of the Board of Directors, /s/ Steven Kass Steven Kass Chief Executive Officer TOFUTTI BRANDS INC. 50 Jackson Drive, Cranford, New Jersey 07016 PROXY This Proxy Statement is furnished to shareholders of Tofutti Brands Inc. (the “Company,” “Tofutti” or “we,” “our,” or “us”), in connection with the Annual Meeting of Shareholders to be held at 10:00 a.m. on Thursday, July 18, 2024 at the Homewood Suites, 2 Jackson Drive, Cranford, New Jersey 07016, and at any adjournment thereof. The Homewood Suites is located off Exit 136 of the Garden State Parkway (telephone no. 908-709-1980). The Board of Directors is soliciting proxies to be voted at the Annual Meeting. This Proxy Statement and Notice of Annual Meeting, the proxy card and our Annual Report to Shareholders are expected to be mailed to shareholders beginning on or about June 21, 2024. VOTING INFORMATION Who can vote? You may vote if you were a shareholder of record as of the close of business on June 18, 2024. This date is known as the record date. You are entitled to one vote for each share of common stock you held on that date on each matter presented at the Annual Meeting. As of June 18, 2024, 5,153,706 shares of our common stock, par value $0.01 per share, were issued and outstanding

View Full Filing

View this DEF 14A filing on SEC EDGAR