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Fathom Holdings Inc . (NASDAQ:FTHM) reported Wednesday that shareholders approved an amendment to its 2019 Omnibus Stock Incentive Plan at the company’s annual meeting held Tuesday. The amendment increases the plan’s share reserve by 1,300,000 shares, raising the total from 7,360,778 to 8,660,778 shares. The company’s board previously approved the amendment on June 28, pending shareholder approval.
At the same meeting, shareholders elected six directors to serve one-year terms expiring at the 2026 annual meeting. The directors elected were Marco Fregenal, Scott Flanders, David Hood, Stephen Murray, Adam Rothstein, and Jennifer Venable. Vote totals for each nominee ranged from 13,914,900 to 14,480,705 shares in favor, with between 72,287 and 638,092 shares withheld. The company, which maintains a healthy current ratio of 1.2 and has achieved 19% revenue growth in the last twelve months, faces the challenge of improving its financial performance.
Shareholders also ratified the selection of Deloitte & Touche LLP as Fathom Holdings’ independent registered public accounting firm for the fiscal year ending December 31, 2025. The ratification received 21,135,539 votes in favor, 182,473 against, and 8,521 abstentions.
The information in this article is based on a press release statement and details disclosed in the company’s filing with the Securities and Exchange Commission.
In other recent news, Fathom Holdings announced its Q2 2025 earnings, revealing a notable discrepancy between its earnings per share (EPS) and analyst expectations. The company reported an EPS of -$0.13, significantly missing the forecasted -$0.04. However, Fathom Holdings exceeded revenue forecasts, which contributed to positive investor sentiment. The revenue performance was strong enough to offset the EPS miss in the eyes of investors. This development is part of the company’s ongoing strategic initiatives. Additionally, the positive revenue results have been a focal point in recent discussions. Analysts and investors are closely monitoring how Fathom Holdings navigates these financial metrics. These recent developments highlight the dynamic nature of the company’s financial performance.
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