Lion Group Holding Ltd. (NASDAQ:LGHL), a company specializing in security brokerage services, announced today that it will conduct its Annual Shareholders' Meeting on December 23, 2024. The meeting is set to take place at the company's headquarters in Singapore.
Shareholders as of the record date, November 22, 2024, will be entitled to vote on various matters presented during the meeting. The specifics of the agenda were included in the Form 6-K filed with the U.S. Securities and Exchange Commission (SEC) today.
The notice for the upcoming Annual General Meeting (AGM), the form of proxy, and voting instructions for American Depositary Shares are detailed in the exhibits attached to the SEC filing.
The report on Form 6-K, including the details of the AGM, will be incorporated by reference into the company's registration statements on Form F-3 and Form S-8, and the prospectuses included therein, from the filing date unless superseded by subsequent filings.
Lion Group's CEO and Director, Chunning Wang, has signed off on the SEC report, fulfilling the requirements of the Securities Exchange Act of 1934. This announcement is based on a press release statement.
InvestingPro Insights
As Lion Group Holding Ltd. (LGHL) prepares for its Annual Shareholders' Meeting, investors may benefit from considering some key financial metrics and insights provided by InvestingPro. The company's stock has faced significant challenges, with InvestingPro data showing a year-to-date price total return of -85.62% as of the latest available data. This aligns with an InvestingPro Tip indicating that the stock price has fallen significantly over the last year.
Despite these headwinds, LGHL has demonstrated impressive revenue growth, with a 488.75% increase in the last twelve months as of Q4 2023. However, another InvestingPro Tip notes that the company is not profitable over the last twelve months, which may be a concern for shareholders attending the upcoming meeting.
For investors seeking a more comprehensive analysis, InvestingPro offers 8 additional tips that could provide valuable context for LGHL's financial position and market performance ahead of the shareholder meeting.
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