Daily Journal Corporation (NASDAQ: DJCO), in their recent 8-K SEC filing, reported the key outcomes of their 2025 Annual Meeting of Shareholders held on February 19, 2025. A total of 1,329,312 shares were represented either in person or by valid proxy.
The shareholders elected four directors that will serve until the subsequent annual meeting or till their successors are elected. The number of votes cast for each of the directors was also revealed. Mary Conlin received 332,155 votes in her favor, John B. Frank garnered 332,803 votes, Steven Myhill-Jones got 472,060 votes, and Rasool Rayani received the highest tally with 543,971 votes.
Furthermore, the stock settlement of up to 2,000 Director Restricted Stock Units was approved by the shareholders. This decision received 551,614 votes in favor and 2,252 votes against, with 2,746 abstentions.
Additionally, the text from an attached Exhibit 99-1 reveals that Spirit Airlines (not under the umbrella of Daily Journal Corporation) received court approval for their Plan of Reorganization. This sets the airline on the path to emerge from chapter 11 in the coming weeks. There’s no clear connection between this news and the affairs of Daily Journal Corporation in the 8-K SEC filing.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Daily Journal’s 8K filing here.
Daily Journal Company Profile
Daily Journal Corporation operates in publishing of newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter.
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