AgEagle Files Proxy Statement for Annual Meeting

TL;DR

AgEagle proxy statement out - time to vote on board and key proposals.

AI Summary

AgEagle Aerial Systems Inc. filed its definitive proxy statement on November 19, 2024, for its annual meeting. The filing details the company's governance, executive compensation, and proposals to be voted on by shareholders. Key items likely include the election of directors and approval of auditor ratification.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions on company leadership and important corporate matters.

Risk Assessment

Risk Level: medium — Proxy statements are routine filings, but the specific proposals and shareholder votes can indicate underlying company health and investor sentiment.

Key Players & Entities

• AgEagle Aerial Systems Inc. (company) — Registrant
• EnerJex Resources, Inc. (company) — Former Company Name
• MILLENNIUM PLASTICS CORP (company) — Former Company Name
• AURORA CORP (company) — Former Company Name

FAQ

Key Financial Figures

• $0.001 — d shares of our common stock, par value $0.001 per share (the “ Common Stock &rd

Filing Documents

• formdef14a.htm (DEF 14A) — 155KB
• formdef14a_001.jpg (GRAPHIC) — 857KB
• formdef14a_002.jpg (GRAPHIC) — 556KB
• proxy_001.jpg (GRAPHIC) — 179KB
• proxy_002.jpg (GRAPHIC) — 263KB
• 0001493152-24-046874.txt ( ) — 2712KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy 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 §240.14a-12 AGEAGLE AERIAL SYSTEMS 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. AGEAGLE AERIAL SYSTEMS INC. 8201 E. 34th Street North Wichita, Kansas 67226 NOTICE OF SPECIAL MEETING OF SHAREHOLDERS to be held on December 20, 2024 TO THE SHAREHOLDERS OF AGEAGLE AERIAL SYSTEMS INC.: This Special Meeting of the Shareholders (the “ Special Meeting ”) of AgEagle Aerial Systems Inc., a Nevada corporation (the “ Company ”), will be held as a virtual meeting on December 20, 2024, at 11:00 a.m., Eastern Time, at https://web.viewproxy.com/uavs/2024, for the following purposes: (1) To authorize the Board of Directors (the “ Board ”), at the discretion of the Board, to file an amendment to the Company’s Articles of Incorporation, as amended to date, to increase the number of authorized shares of our common stock, par value $0.001 per share (the “ Common Stock ”), from 5,000,000 to 200,000,000 (the “ Amendment Proposal ”); (2) To approve the issuance of shares of our Common Stock representing more than 20% of our Common Stock outstanding upon the conversion of the Convertible Note issued to Alpha Capital Anstalt (“ Alpha ”) on February 8, 2024 and due on December 31, 2024, which is initially convertible into up to 2,608,128 shares of Common Stock (“ Convertible Note ”), which amount would be in excess of 19.99% of the issued and outstanding shares of the Company’s Common Stock, in accordance with NYSE American Rule 713(a)(ii) (the “ Stock Issuance Proposal ”); and (3) To consider and vote upon a proposal to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve the Amendment Proposal and/or the Stock Issuance Proposal (the “ Adjournment Proposal ”). We will also consider any other business that properly comes before the Special Meeting. Shareholders of record of the Company’s Common Stock at the close of business on November 8, 2024 are entitled to notice of, and to vote at, the Special Meeting or any adjournment or postponement thereof. Your attention is directed to the Proxy Statement accompanying this Notice for a more complete statement of matters to be considered at the Special Meeting. We are pleased to take advantage of the U.S. Securities and Exchange Commission rule that allows companies to furnish proxy materials primarily over the Internet. We believe that it will expedite shareholders’ receipt of proxy materials, lower costs and reduce the environmental impact of distributing proxy materials for our Special Meeting. It is anticipated that on or about November 19, 2024, we will commence mailing to our shareholders (other than those who previously requested electronic or paper delivery) a Notice of Internet Availability of Proxy Materials (the “ Notice ”) containing instructions on how to access our proxy materials, including this Proxy If you receive meeting materials by mail, the Notice, this Proxy Statement and proxy card will be enclosed. If you receive your proxy materials via e-mail, the e-mail will contain voting instructions and links to this Proxy Statement on the Internet, which is available at https://web.viewproxy.com/uavs/2024. All shareholders are cordially invited to attend the meeting virtually. The Special Meeting will be held in virtual meeting format only, and you will not be able to attend the Special Meeting physically. Whether or not you plan to participate in this Special Meeting, your vote is very important and we encourage you to vote promptly. After reading this Proxy Statement, please promptly mark, sign and date the enclosed proxy card and return it by following the instructions on the proxy card or voting instruction card or vote by telephone or by Internet. If you virtually attend the Special Meeting, you will have the right to revoke the proxy and vote your shares. If you hold your shares through an account with a brokerag

View Full Filing

View this DEF 14A filing on SEC EDGAR