XCel Brands Files Proxy Statement for Dec 10 Meeting

TL;DR

XCel Brands proxy filing out for Dec 10 meeting. Shareholders vote soon.

AI Summary

XCel Brands, Inc. filed a DEF 14A proxy statement on October 22, 2024, for its annual meeting on December 10, 2024. The filing concerns the company's proxy materials and fee payment for the solicitation of proxies. XCel Brands, Inc. was formerly known as NETFABRIC HOLDINGS, INC. and HOUSTON OPERATING CO.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda and proposals for the upcoming annual meeting, influencing their voting decisions on company governance and strategy.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing for an annual meeting, not indicating any immediate operational or financial distress.

Key Numbers

• 20241210 — Annual Meeting Date (Date for which the proxy statement is filed.)
• 20241022 — Filing Date (Date the DEF 14A was filed with the SEC.)

Key Players & Entities

• XCel Brands, Inc. (company) — Registrant
• NETFABRIC HOLDINGS, INC. (company) — Former Company Name
• HOUSTON OPERATING CO (company) — Former Company Name
• 1333 BROADWAY (location) — Business and Mail Address
• NEW YORK (location) — Business and Mail City

FAQ

Key Financial Figures

• $1.0 billion — randed products companies have exceeded $1.0 billion. In 1985, he founded and served as Pres
• $2 billion — restructuring firm responsible for over $2 billion of transactions. Mr. D'Loren has also s

Filing Documents

• tmb-20241210xdef14a.htm (DEF 14A) — 509KB
• tmb-20241210xdef14a_a006.jpg (GRAPHIC) — 45KB
• tmb-20241210xdef14a_a007.jpg (GRAPHIC) — 45KB
• tmb-20241210xdef14a_bg001.jpg (GRAPHIC) — 187KB
• tmb-20241210xdef14a_bg002.jpg (GRAPHIC) — 118KB
• 0001558370-24-013447.txt ( ) — 1055KB

: Gender Identity

Part I: Gender Identity Number of directors based on gender identity 4 1

: Demographic Background

Part II: Demographic Background African American or Black Asian Hispanic or Latinx Native Hawaiian or Pacific Islander White 4 1 Two or More Race or Ethnicities LGBTQ+ 1 Did not Disclose Demographic Background 9 Board Committees The Board has three standing committees: (i) the Audit Committee; (ii) the Compensation Committee; and (iii) the Nominating Committee. The committees are comprised solely of persons who meet the definition of an "independent director" under the NASDAQ Listing Rules. In addition, the Board has determined that each member of the Audit Committee meets NASDAQ independence requirements applicable to members of an audit committee. The Board has also determined that members of the Compensation Committee meet additional independence requirements under the NASDAQ Listing Rules for members of a compensation committee. The Audit Committee, Nominating Committee and Compensation Committee operate under written charters adopted by the Board. A copy of our Nominating Committee Charter, Audit Committee Charter and Compensation Committee Charter are available on our website, at the following address: www.ir.xcelbrands.com/corporate-governance. Information on our website does not constitute a part of this proxy statement. Audit Committee The Board has appointed an Audit Committee which consists of Messrs. Liebman, DiSanto and Ms. Weinswig. Each of such persons has been determined to be an "independent director" under the applicable NASDAQ and Securities and Exchange Commission (the "SEC") rules, which is the independence standard that was adopted by our Board. The Board has determined that Mr. Liebman meets the requirements to serve as the Audit Committee Financial Expert by the Board. The Audit Committee operates under a written charter adopted by our Board. The Audit Committee held 4 meetings during 2023. The Audit Committee assists the Board by providing oversight of our accounting and financial

View Full Filing

View this DEF 14A filing on SEC EDGAR