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On Thursday, Simulations Plus , Inc. (NASDAQ:SLP), a $722 million market cap company specializing in computer-integrated systems design with a "GOOD" InvestingPro financial health rating, announced the results of its Annual Meeting of Shareholders. The stock has shown impressive momentum, gaining over 30% year-to-date. The virtual meeting, which took place on February 13, 2025, saw approximately 74% of the company’s issued and outstanding shares represented. According to InvestingPro analysis, which offers 13 additional valuable insights about SLP, the company maintains strong liquidity with current assets exceeding short-term obligations by a factor of 4.15x.
During the meeting, shareholders voted on several key proposals. The first proposal was the election of five board members, who will serve until the next annual meeting or until their successors are elected. The elected directors are Dr. Daniel Weiner, Dr. Walter S. Woltosz, Dr. John K. Paglia, Dr. Lisa LaVange, and Sharlene Evans.
The second proposal, which passed with a significant majority, was the ratification of Rose, Snyder & Jacobs LLP as the independent registered public accounting firm for the fiscal year ending August 31, 2025.
Additionally, shareholders approved, on an advisory and nonbinding basis, the compensation of the company’s named executive officers as disclosed in the Proxy Statement.
The company, listed on The Nasdaq Stock Market LLC under the ticker (NASDAQ:SLP), is headquartered in Research Triangle Park, NC. This information is based on a press release statement.
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