Asia FX muted despite Fed cut bets; Japanese yen slides after PM Ishiba resigns
AstroNova, Inc. (NASDAQ:ALOT) announced that its Board of Directors has rescheduled the company’s 2025 Annual Meeting of Shareholders to Tuesday, December 2, 2025. The meeting was previously set for Wednesday, July 9, 2025. The new record date for shareholders eligible to vote at the meeting is October 13, 2025.
According to a statement released in a recent SEC filing, details regarding the time, location, and format of the annual meeting will be provided in the company’s definitive proxy statement on Schedule 14A.
AstroNova noted that because the new meeting date is more than 30 days after the anniversary of its 2024 Annual Meeting, held on June 11, 2024, it is notifying shareholders of updated deadlines for submitting proposals and nominations. Shareholders wishing to submit proposals for inclusion in the 2025 Annual Meeting proxy materials must deliver them in writing to the company’s Secretary at its corporate office in West Warwick, Rhode Island, by the close of business on October 3, 2025. Proposals must comply with Rhode Island law and all applicable SEC rules.
Shareholders seeking to make nominations or introduce other business at the meeting, outside of the SEC’s Rule 14a-8 process, must also provide written notice to the company’s Secretary by October 3, 2025. In addition, shareholders intending to solicit proxies in support of director nominees other than the company’s nominees must submit the required information under SEC Rule 14a-19 by the same deadline.
AstroNova stated that any director nominations or shareholder proposals received after October 3, 2025, will be considered untimely and will not be included in the proxy materials or considered at the annual meeting.
All information is based on a press release statement filed with the Securities and Exchange Commission.
In other recent news, AstroNova has made several key announcements that are likely to interest investors. The company has appointed Jorik Ittmann as the new President and Chief Executive Officer, effective August 15. Ittmann, who was previously the Senior Vice President of Product Identification, will also join the board of directors. In addition, AstroNova has finalized a separation agreement with former CEO Gregory A. Woods, who officially ended his employment on July 16. The agreement includes compensation terms such as half of his current base salary and continued vesting of certain stock units.
AstroNova has also appointed Shawn Kravetz to its Board of Directors following a Cooperation Agreement with Askeladden Capital Management LLC. Meanwhile, the board has rejected a settlement proposal from activist investor Samir Patel, who is seeking board control through a proxy contest. The board expressed that it shares some of Patel’s concerns but has already initiated steps to address these issues. Additionally, the company has entered into a compensation agreement with interim CEO Darius Nevin, outlining his salary and stock option terms. These developments reflect ongoing changes and strategic decisions at AstroNova.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.