SAN FRANCISCO, CA - Doma Holdings, Inc. (NYSE:DOMA), a title insurance company, announced today the results of its recent Annual Meeting of Stockholders, which took place on Thursday. The company confirmed the re-election of three Class I directors and the ratification of its independent auditor for the current fiscal year.
At the meeting, stockholders voted to re-elect Max Simkoff, Serena Wolfe, and Matthew E. Zames as Class I directors, each to serve until the 2027 Annual Meeting or until their successors are elected. The results showed strong support for the directors, with Simkoff receiving 8,917,574 votes for and 54,873 withheld; Wolfe with 8,926,421 votes for and 46,026 withheld; and Zames obtaining 8,800,964 votes for and 171,483 withheld. Broker non-votes for each director totaled 2,246,524.
Additionally, stockholders ratified the appointment of Deloitte & Touche LLP as Doma Holdings' independent registered public accounting firm for the year ending December 31, 2024. This proposal passed with 11,114,795 votes for, 53,701 against, and 50,475 abstentions.
The company's common stock, with a par value of $0.0001 per share, is listed on the New York Stock Exchange under the symbol DOMA. Furthermore, the company has warrants to purchase common stock, which are trading on the OTC Pink Marketplace under the symbol "DOMAW."
Doma Holdings, headquartered in San Francisco, operates in the title insurance sector under the Standard Industrial Classification code 6361. The company is incorporated in Delaware and maintains its fiscal year-end on December 31.
In other recent news, Doma Holdings Inc. has been downgraded by JMP Securities from Market Outperform to Market Perform following the conclusion of a 50-day "go-shop" period post-acquisition agreement. Doma, known for its real estate transaction solutions, had earlier announced its acquisition and merger with Title Resources Group, a deal valued at approximately $84 million. The acquisition price, at $6.29 per share in cash, represents a 39% premium over Doma's closing share price before the announcement. This development has received unanimous approval from the Doma Holdings board.
According to JMP Securities, the shares are now considered to be fairly valued with the expiration of the go-shop period, during which Doma could have sought alternative acquisition proposals. The merger with Title Resources Group is a significant step for Doma, expected to enhance the company's offerings and market position. These are some of the recent developments surrounding Doma Holdings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.