Lightwave Logic Files Definitive Proxy Statement

Ticker: LWLG · Form: DEF 14A · Filed: 2024-04-11T00:00:00.000Z

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Lightwave Logic, Shareholder Meeting, Corporate Governance

TL;DR

<b>Lightwave Logic, Inc. has filed its Definitive Proxy Statement for the period ending May 22, 2024.</b>

AI Summary

Lightwave Logic, Inc. (LWLG) filed a Proxy Statement (DEF 14A) with the SEC on April 11, 2024. Lightwave Logic, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 11, 2024. The filing covers the period ending May 22, 2024. The company's fiscal year ends on December 31. Lightwave Logic was formerly known as Third-Order Nanotechnologies Inc and PSI Tec Holdings Inc. The company is incorporated in Nevada.

Why It Matters

For investors and stakeholders tracking Lightwave Logic, Inc., this filing contains several important signals. This DEF 14A filing is a standard procedural document required for public companies, indicating upcoming shareholder meetings or votes. The historical company name changes suggest a period of evolution or restructuring for Lightwave Logic.

Risk Assessment

Risk Level: low — Lightwave Logic, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, providing procedural information rather than new financial or operational data, thus posing minimal immediate risk.

Analyst Insight

Review the DEF 14A for details on upcoming shareholder votes, director elections, and executive compensation to understand potential governance changes.

Key Numbers

Key Players & Entities

FAQ

When did Lightwave Logic, Inc. file this DEF 14A?

Lightwave Logic, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 11, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Lightwave Logic, Inc. (LWLG).

Where can I read the original DEF 14A filing from Lightwave Logic, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Lightwave Logic, Inc..

What are the key takeaways from Lightwave Logic, Inc.'s DEF 14A?

Lightwave Logic, Inc. filed this DEF 14A on April 11, 2024. Key takeaways: Lightwave Logic, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 11, 2024.. The filing covers the period ending May 22, 2024.. The company's fiscal year ends on December 31..

Is Lightwave Logic, Inc. a risky investment based on this filing?

Based on this DEF 14A, Lightwave Logic, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, providing procedural information rather than new financial or operational data, thus posing minimal immediate risk.

What should investors do after reading Lightwave Logic, Inc.'s DEF 14A?

Review the DEF 14A for details on upcoming shareholder votes, director elections, and executive compensation to understand potential governance changes. The overall sentiment from this filing is neutral.

How does Lightwave Logic, Inc. compare to its industry peers?

Lightwave Logic operates in the miscellaneous plastic products industry, though its specific focus may involve advanced materials or technologies.

Are there regulatory concerns for Lightwave Logic, Inc.?

As a publicly traded company, Lightwave Logic is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder communications.

Industry Context

Lightwave Logic operates in the miscellaneous plastic products industry, though its specific focus may involve advanced materials or technologies.

Regulatory Implications

As a publicly traded company, Lightwave Logic is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder communications.

What Investors Should Do

  1. Review the proxy statement for details on director nominations and board composition.
  2. Examine executive compensation packages and any proposed changes.
  3. Note any shareholder proposals or voting matters to be addressed.

Key Dates

Year-Over-Year Comparison

This filing is a DEF 14A, which is a procedural document and does not contain the same type of financial performance data as an annual report (10-K) or quarterly report (10-Q).

Filing Stats: 4,945 words · 20 min read · ~16 pages · Grade level 11.2 · Accepted 2024-04-11 16:23:55

Key Financial Figures

Filing Documents

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by 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 under Rule 14a-12 LIGHTWAVE LOGIC, 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 all boxes that apply): 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. 369 Inverness Parkway, Suite 350 Englewood, CO 80112 April 11, 2024 Dear Fellow Shareholder: The 2024 Annual Meeting of Shareholders (the " Annual Meeting ") of Lightwave Logic, Inc. (the " Company ") will be held at 10:00 a.m. (Mountain Time) on Wednesday, May 22, 2024 at the Hilton Denver Inverness, 200 Inverness Drive West, Englewood, Colorado 80112 . I hope you will be able to attend. The attached Notice of Annual Meeting and Proxy Statement describe the matters that we expect to be acted upon at the Annual Meeting. Management will be available to answer any questions you may have immediately after the Annual Meeting. Please sign, date, and return the enclosed proxy card or voting instruction form without delay. The Company's Annual Report on Form 10-K (including audited financial statements) for the fiscal year ended December 31, 2023 accompanies the Proxy Statement. The proxy materials and Annual Report included in this package are also available on the internet under the " Investors " page of the Company's website at www.lightwavelogic.com . All shares represented by proxies will be voted at the Annual Meeting in accordance with the specifications marked thereon, or if no specifications are made, (i) as to Proposal 1, the proxy confers authority to vote "FOR" the two (2) persons listed as nominees for a position on the Board of Directors; (ii) as to Proposal 2, the proxy confers authority to vote "FOR" the ratification of Morison Cogen LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; (iii) as to Proposal 3, the proxy confers authority to vote "FOR" the approval of the advisory vote on the compensation of our named executive officers; (iv) as to Proposal No. 4, the proxy confers authority to vote "FOR" the approval of every three (3) years as to how frequently we should seek an advisory vote on the compensation of our named executive officers; and (v) as to any other business which comes before the Annual Meeting, the proxy confers authority to vote in the proxy holder's discretion. The Company's Board of Directors believes that a favorable vote for each nominee for a position on the Board of Directors and for all other matters described in the attached Notice of Annual Meeting of Shareholders and Proxy Statement is in the best interest of the Company and its shareholders and recommends a vote "FOR" all nominees and "FOR" Proposals 2 and 3, and "THREE YEARS" on Proposal 4. Accordingly, we urge you to review the accompanying material carefully and to return the enclosed proxy card or voting instruction form. Your vote is important, and all shareholders are cordially invited to attend the Annual Meeting in person. Whether or not you expect to attend the Annual Meeting, we urge you to complete, date, sign and return the enclosed proxy card or voting instruction form as promptly as possible, or to vote by Internet or by telephone, to ensure your representation at the Annual Meeting. Internet or telephonic voting is available by following the instructions provided on the proxy card or voting instruction form . Thank you for your investment and continued interest in Lightwave Logic, Inc. Sincerely, /s/ Michael S. Lebby Michael S. Lebby CEO, Chair of the Board LIGHTWAVE LOGIC, INC. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD WEDNESDAY, MAY 22, 2024 To Our Shareholders: Notice is hereby given that the 2024 Annual Meeting of Shareholders (the " Annual Meeting ") of Lightwave Logic, Inc. (the " Company ") will be held at 10:00 a.m. (Mountain Time) on Wednesday, May 22, 2024, at the Hilton Denver Inverness, 200 Inverness Drive West, Englewood, Colorado 80112 , for the following purposes: 1. To elect two (2) Directors to the Board of Directors to serve until the 2027 Annual Meeting of Shareholders or until their successors have been duly elected or appointed and qualified; 2. To ratify the appointment of Morison Cogen LLP to serve as the Company's independent registered public accounting

View on Read The Filing