Unusual Machines Files Proxy Statement

TL;DR

UMAC proxy filing out - shareholders vote soon on company matters.

AI Summary

Unusual Machines, Inc. filed a DEF 14A proxy statement on October 15, 2024, for its fiscal year ending December 31, 2024. The filing, which does not require a fee, concerns the company's annual meeting and related corporate governance matters. The company is incorporated in Puerto Rico and its principal executive offices are located in Orlando, Florida.

Why It Matters

This filing provides shareholders with crucial information regarding the company's upcoming annual meeting, including voting matters and executive compensation, which are essential for informed shareholder participation.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing for a proxy statement, which is standard corporate procedure and does not inherently indicate new risks.

Key Numbers

• 20241202 — Fiscal Year End (The proxy statement pertains to the company's operations and governance leading up to this date.)
• 20241015 — Filing Date (This is the date the Definitive Proxy Statement was officially filed with the SEC.)

Key Players & Entities

• Unusual Machines, Inc. (company) — Registrant
• 0001683168-24-007157 (dollar_amount) — Accession Number
• 20241015 (dollar_amount) — Filing Date
• 20241202 (dollar_amount) — Fiscal Year End
• PR (company) — State of Incorporation
• Orlando, FL (company) — Business Address City/State

FAQ

Key Financial Figures

• $20,000 — xy solicitation for an estimated fee of $20,000 plus disbursements, reasonable out of p

Filing Documents

• umac_def14a.htm (DEF 14A) — 338KB
• image_002.jpg (GRAPHIC) — 113KB
• image_003.jpg (GRAPHIC) — 66KB
• 0001683168-24-007157.txt ( ) — 585KB

Executive Compensation

Executive Compensation 15 Director Compensation 18

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 19 Proposal 2. Ratification of the Selection of our Independent Registered Public Accounting Firm 20 Proposal 3. Approve Issuance of Additional Shares of Our Common Stock Exceeding 20% of Our Outstanding Shares 22 Proposal 4. Approve 2022 Equity Incentive Plan 24 Proposal 5. Adjournment 28 Other Matters 29 i Unusual Machines, Inc. 4677 L B McLeod Road, Suite J Orlando, FL 32811 (720) 383-8983 2024 ANNUAL MEETING OF STOCKHOLDERS PROXY STATEMENT This Proxy Statement is being made available to the holders of shares of the voting stock of Unusual Machines, Inc., a Nevada corporation (“Unusual Machines” or the “Company”) in connection with the solicitation of proxies by our Board of Directors (the “Board”) for use at the 2024 Annual Meeting of Stockholders of Unusual Machines (the “Annual Meeting”) to be held at 11:00 am on December 2, 2024. The Annual Meeting will be a virtual meeting via live webcast and no in person meeting will be held. You will be able to attend the Annual Meeting, vote your shares and submit your questions during the Annual Meeting by visiting www.proxyvote.com . The proxy materials are first being mailed to our stockholders on or about October 15, 2024. Who is entitled to vote? Our Board has fixed the close of business on October 7, 2024 as the record date for a determination of the stockholders entitled to notice of, and to vote at, the Annual Meeting or any adjournment or postponement thereof. On the record date, there were 6,184,983 shares of common stock issued, outstanding and entitled to vote. Each share of Unusual Machines common stock represents one vote that may be voted on each matter that may come before the Annual Meeting. As of the record date, Unusual Machines had 4,250 shares of Series A Convertible Preferred Stock (“Series A") outstanding, 50 shares of Series B Convertible Pref

View Full Filing

View this DEF 14A filing on SEC EDGAR