INTELLIGENT PROTECTION MANAGEMENT CORP.
For the period ended May 8, 2025. Filed Apr 18, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 8, 2025 · Filed Apr 18, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
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Jericho, NY 11753
Dear Stockholder:
You are cordially invited to attend the annual meeting of stockholders (the “Annual Meeting”) of Intelligent Protection Management Corp. to be held on May 8, 2025 at 9:00 a.m., Eastern Time. The Annual Meeting will be conducted as a virtual meeting of stockholders by means of a live audio webcast. We believe that hosting a virtual meeting will enable greater stockholder attendance and participation from any location. You will not be able to attend the Annual Meeting in person. You will be able to attend the Annual Meeting online by visiting https://web.lumiconnect.com/207490181.
In January of 2025, we completed our acquisition of Newtek Technology Solutions, Inc. from NewtekOne, Inc. and the sale of our “Paltalk”, “Camfrog” and “Vumber” applications and certain assets and liabilities related to such applications to Meteor Mobile Holdings, Inc. (together, the “Transactions”). Following the Transactions, our business is focused on providing server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and other related services, including consulting and implementing technology solutions. We are very excited with the prospect of expanding our managed technology solutions business, particularly in the cloud infrastructure and cybersecurity sectors. We believe that cybersecurity is a technology area that is top of mind for all companies, small and large, and ripe for growth.
Enclosed are the notice of the Annual Meeting and proxy statement, which describe the business that will be acted upon at the Annual Meeting, as well as our 2024 Annual Report, which includes our audited financial statements for the fiscal year ended December 31, 2024.
Your vote is very important, regardless of the number of shares of common stock you own. To vote your shares of common stock, please refer to the instructions included on the enclosed proxy card. If your shares are held in the name of a broker, trust, bank or other nominee and you receive these materials through such intermediary, please complete and return the materials in accordance with the instructions provided to you by your broker, trust, bank or other nominee or contact your broker, trust, bank or other nominee directly in order to obtain a proxy issued to you by your intermediary to vote your shares. Failure to do so may result in your stock not being eligible to be voted by proxy at the Annual Meeting. On behalf of the Board of Directors, I urge you to follow the instructions provided to you and vote your shares today, even if you plan to attend the virtual meeting.
Thank you for your support of our company. I look forward to speaking with you at the Annual Meeting.
Sincerely,
/s/ Jason Katz
Jason Katz
Chief Executive Officer and Chairman
Intelligent Protection Management Corp.
Jericho, NY 11753
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
To Be Held on May 8, 2025
NOTICE IS HEREBY GIVEN that the 2025 Annual Meeting of Stockholders (the “Annual Meeting”) of Intelligent Protection Management Corp., a Delaware corporation (the “Company”), will be held on Thursday, May 8, 2025 at 9:00 a.m., Eastern Time, by means of a live audio webcast for the following purposes:
(1) Director Election Proposal— To elect seven directors to serve until the Company’s 2026 annual meeting of stockholders and until their successors are duly elected and qualified;
(2) Auditor Ratification Proposal — To ratify the appointment of Grassi & Co., CPAs, P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2025;
(3) Say-on-Pay Proposal — To approve, on an advisory basis, the compensation of the Company’s named executive officers;
(4) Say-on-Frequency Proposal — To approve, on an advisory basis, the frequency of future advisory votes on named executive officer compensation;
(5) Incentive Plan Proposal — To approve the Intelligent Protection Management Corp. 2025 Long-Term Incentive Plan; and
(6) Charter Amendment Proposal — To authorize and approve an amendment to the Company’s Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock from 25,000,000 to 50,000,000.
Stockholders will also transact any other business that may properly come before the Annual Meeting or any adjournment(s), postponement(s) or recess(es) thereof.
Stockholders are referred to the proxy statement accompanying this notice for more detailed information with respect to the matters to be considered at the Annual Meeting. After careful consideration, the Company’s Board of Directors (the “Board”) has determined that each proposal listed above is in the best interests of the Company and its stockholders and has approved each proposal. The Board recommends that you vote “FOR” proposals 1, 2, 3, 5 and 6 and “3 YEARS” for proposal 4 at the Annual Meeting.
The Board has fixed 5:00 p.m., Eastern Time, on March 24, 2025 as the record date for the Annual Meeting (the “Record Date”). Only holders of shares of the Company’s common stock of record on the Record Date are entitled to receive notice of the Annual Meeting and to vote at the Annual Meeting or at any postponement(s), adjournment(s) or recess(es) of the Annual Meeting. A complete list of registered stockholders entitled to vote at the Annual Meeting will be available for inspection at the headquarters of the Company during regular business hours for a period of 10 calendar days ending on the day before the Annual Meeting. If you would like to review the list, please contact our Investor Relations department by emailing IR@ipm.com.
IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR
THE STOCKHOLDER MEETING TO BE HELD ON MAY 8, 2025:
Our Proxy Statement and 2024 Annual Report are available at:
http://www.astproxyportal.com/ast/24835
YOUR VOTE AND PARTICIPATION IN THE COMPANY’S AFFAIRS ARE IMPORTANT.
If your stock is registered in your name, even if you plan to attend the Annual Meeting online, we request that you vote your shares in accordance with the instructions set out in the form of proxy and in the proxy statement to ensure that your stock will be represented at the Annual Meeting.
If your stock is held in the name of a broker, trust, bank or other nominee and you receive these materials through such intermediary, please complete and return the materials in accordance with the instructions provided to you by your broker, trust, bank or other intermediary or contact your broker, trust, bank or other nominee directly in order to obtain a proxy issued to you by your intermediary to attend the Annual Meeting and vote your shares. Failure to do so may result in your stock not being eligible to be voted by proxy at the Annual Meeting.
By Order of the Board of Directors
/s/ Jason Katz
Jason Katz
Chief Executive Officer and Chairman
Jericho, New York
April 18, 2025
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