Anthony DiGiandomenico, Co-Founder and Director of MDB Capital Holdings, LLC (NASDAQ:MDBH), recently increased his stake in the company through a series of stock purchases. The micro-cap company, currently valued at $62 million, has seen its stock decline by approximately 39% over the past six months according to InvestingPro data. According to the latest SEC filing, DiGiandomenico acquired a total of 2,900 shares over three transactions between January 16 and January 21, 2025.
The purchases were made at prices ranging from $6.10 to $6.23 per share, totaling $17,917. Following these transactions, DiGiandomenico’s direct ownership in the company stands at 86,005 shares.
These moves by a key executive could be of interest to investors monitoring insider activities at MDB Capital Holdings.
In other recent news, MDB Capital Holdings, a finance services firm, has announced key outcomes from its Annual Meeting. The company reported a significant focus on earnings and revenue, with shareholders casting advisory votes on executive compensation for fiscal year 2025 and setting the frequency for future votes on executive pay. The advisory vote on executive pay was approved, with a majority of 25,595,078 votes in favor.
Alongside this, MDB Capital Holdings’ shareholders displayed a strong preference for holding votes on executive compensation every three years, as evidenced by 25,209,730 votes. In addition to these developments, eight directors were elected to serve until the next annual meeting in 2025.
Further, the shareholders ratified the appointment of RBSM LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, with 27,078,560 votes in favor. These are among the recent developments for MDB Capital Holdings, providing insight into the company’s governance and future direction.
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