Sow Good Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: SOWG · Form: DEF 14A · Filed: Apr 18, 2024 · CIK: 1490161
Sentiment: neutral
Topics: Sow Good Inc., DEF 14A, Annual Meeting, Proxy Statement, Executive Compensation
TL;DR
<b>Sow Good Inc. is holding its 2024 Annual Meeting on May 30, 2024, to elect directors, ratify auditors, and vote on executive compensation.</b>
AI Summary
Sow Good Inc. (SOWG) filed a Proxy Statement (DEF 14A) with the SEC on April 18, 2024. Sow Good Inc. will hold its virtual 2024 Annual Meeting of Stockholders on May 30, 2024, at 10 a.m. ET. Stockholders will vote on the election of seven directors. The appointment of Urish Popeck & Co., LLC as the independent registered public accounting firm for fiscal year 2024 will be ratified. An advisory vote on the compensation of named executive officers ('say-on-pay') will be conducted. An advisory vote on the frequency of future 'say-on-pay' votes (annual, biennial, or triennial) will also take place.
Why It Matters
For investors and stakeholders tracking Sow Good Inc., this filing contains several important signals. The meeting will determine the composition of the board of directors and the company's independent auditor for the upcoming fiscal year. Stockholder votes on executive compensation and its frequency are advisory but signal shareholder sentiment on corporate governance and pay practices.
Risk Assessment
Risk Level: low — Sow Good Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting with no immediate financial or operational disclosures that would indicate high risk.
Analyst Insight
Stockholders should review the director nominees and executive compensation proposals before voting at the May 30th meeting.
Key Numbers
- 7 — Directors to be elected (At the 2024 Annual Meeting)
- 2024 — Fiscal Year (For which Urish Popeck & Co., LLC is proposed as auditor)
- 2024-05-30 — Annual Meeting Date (Virtual meeting date)
- 2024-04-02 — Record Date (For determining stockholders entitled to vote)
Key Players & Entities
- Sow Good Inc. (company) — Registrant
- Urish Popeck & Co., LLC (company) — independent registered public accounting firm
- Black Ridge Oil & Gas, Inc. (company) — Former Company Name
- ante5, Inc. (company) — Former Company Name
- 2024 (date) — Fiscal Year
- 2024-05-30 (date) — Annual Meeting Date
- 2024-04-02 (date) — Record Date
- 2024-04-18 (date) — Filing Date
FAQ
When did Sow Good Inc. file this DEF 14A?
Sow Good Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 18, 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 Sow Good Inc. (SOWG).
Where can I read the original DEF 14A filing from Sow Good 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 Sow Good Inc..
What are the key takeaways from Sow Good Inc.'s DEF 14A?
Sow Good Inc. filed this DEF 14A on April 18, 2024. Key takeaways: Sow Good Inc. will hold its virtual 2024 Annual Meeting of Stockholders on May 30, 2024, at 10 a.m. ET.. Stockholders will vote on the election of seven directors.. The appointment of Urish Popeck & Co., LLC as the independent registered public accounting firm for fiscal year 2024 will be ratified..
Is Sow Good Inc. a risky investment based on this filing?
Based on this DEF 14A, Sow Good Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting with no immediate financial or operational disclosures that would indicate high risk.
What should investors do after reading Sow Good Inc.'s DEF 14A?
Stockholders should review the director nominees and executive compensation proposals before voting at the May 30th meeting. The overall sentiment from this filing is neutral.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC rules and regulations regarding proxy solicitations and annual meetings.
- Virtual Meeting Logistics [low — operational]: Ensuring a smooth and accessible virtual meeting experience for all stockholders is crucial for participation.
- Auditor Ratification [low — financial]: The ratification of the independent auditor is a standard procedure but relies on the auditor's independence and effectiveness.
Key Dates
- 2024-05-30: 2024 Annual Meeting of Stockholders — Key date for voting on directors, auditors, and executive compensation.
- 2024-04-02: Record Date — Determines which stockholders are eligible to vote at the Annual Meeting.
- 2024-04-18: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.
Filing Stats: 4,625 words · 19 min read · ~15 pages · Grade level 14.9 · Accepted 2024-04-18 16:00:05
Key Financial Figures
- $120,000 — pensation from the Company in excess of $120,000 during any period of twelve consecutive
- $200,000 — olidated gross revenue for that year or $200,000, whichever is greater, other than(i) pa
Filing Documents
- sow_good_def_14a.htm (DEF 14A) — 720KB
- img37347846_0.jpg (GRAPHIC) — 10KB
- img37347846_1.jpg (GRAPHIC) — 119KB
- img37347846_2.jpg (GRAPHIC) — 124KB
- img37347846_3.jpg (GRAPHIC) — 585KB
- img37347846_4.jpg (GRAPHIC) — 409KB
- 0000950170-24-045524.txt ( ) — 2436KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 25 Compensation Overview 25 Compensation Program Objective and Rewards 25 Benchmarking 26
Executive Compensation Program
Executive Compensation Program 26 Executive Officer Compensation 28 Outstanding Equity Awards 30 Pay versus Performance 31 34 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 36 Related Party Transactions 36 MISCELLANEOUS 39 Stockholder Proposals for the 2025 Annual Meeting of Stockholders 39 Expenses of Soliciting Proxies 39 Householding 39 Other Matters 40 2 1440 N. Union Bower Road Irving, Texas 75061 (214) 623-6055 PROXY STATEMENT GENERAL INFORMATION ABOUT TH E ANNUAL MEETING AND VOTING Information About Attending the Annual Meeting The 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of Sow Good Inc. (the “Company,” “we,” “us” or “our”) will be held on Thursday, May 30, 2024, at 10 a.m. (ET). The virtual meeting can be accessed by visiting proxydocs.com/SOWG. This Proxy Statement will first be sent to stockholders on or about April 18, 2024. We have elected to provide access to our proxy materials on the Internet under the U.S. Securities and Exchange Commission (the “SEC”) “notice and access” rules. Our proxy materials are available at www.proxydocs.com/SOWG. We also post our proxy materials on our website at www.sowginc.com/sec-filings. All references to currency in this Proxy Statement are in U.S. dollars, unless otherwise indicated. Information About this Pr oxy Statement Why You Received this Proxy Statement. You have received these proxy materials because our board of directors (the “Board”) is soliciting your proxy to vote your shares at the Annual Meeting. This Proxy Statement includes information that we are required to provide to you under the rules of the Securities and Exchange Commission (the “SEC”) and that is designed to assist you in voting your shares. We either (1) mailed you a Notic