CYANOTECH CORP
For the period ended Aug 22, 2024. Filed Jul 11, 2024.
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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.
Aug 22, 2024 · Filed Jul 11, 2024
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DEF 14A 1 cyan20240708_def14a.htm FORM DEF 14A
| 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 (Amendment No.) | |
| Filed by the Registrant ☒ | |
| Filed by a Party other than the Registrant ☐ | |
| Check the appropriate box: | |
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material under §240.14a-12 |
| Cyanotech Corporation | |
| (Name of Registrant as Specified In Its Charter) | |
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) | |
| Payment of Filing Fee (Check the appropriate box): | |
| ☒ | No fee required. |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
73-4460 Queen Kaahumanu Hwy., Suite 102
Kailua-Kona, HI 96740
(808) 326-1353
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
To be held Thursday, August 22, 2024 at 2:00 P.M. Pacific Time
To Our Stockholders:
You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of Cyanotech Corporation, a Nevada corporation (“Cyanotech” or the “Company”), to be held on Thursday, August 22, 2024 at 2:00 P.M., Pacific Time, at the Nutrex Hawaii Warehouse, 9006 Utica Avenue, Rancho Cucamonga, California USA, 91730, or at any adjournment or postponement thereof, for the following purposes:
| 1. | To elect the four director nominees named in the Proxy Statement to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified; |
| 2. | To approve the 2024 Independent Director Stock Option and Restricted Stock Grant Plan (the “2024 Plan”), reserving a total of 800,000 authorized shares of the Common Stock of the Company for issuance of options and grants under the 2024 Plan; |
| 3. | To ratify the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2025; |
| 4. | To transact other business as may properly come before the meeting or any adjournment thereof. |
These matters are more fully described in the Proxy Statement accompanying this Notice.
In addition to the formal items of business, Cyanotech will report on operations for fiscal year 2024 and answer appropriate questions that you may have about Cyanotech and its activities.
The Board of Directors fixed the close of business on June 28, 2024 as the record date (the “Record Date”) for stockholders entitled to notice of, and to vote at, the Annual Meeting and any adjournment thereof. The stock transfer books will not be closed between the Record Date and Annual Meeting. Only stockholders of record at the Record Date are entitled to notice of and to vote at the Annual Meeting; however, all stockholders are cordially invited to attend the meeting.
Thank you for your ongoing support and continued interest in Cyanotech. We look forward to seeing you at the meeting.
By Order of the Board of Directors
/s/ Amy Nordin
Amy Nordin
Corporate Secretary
Kailua-Kona, Hawaii
Your vote is important. Whether or not you plan to attend this meeting, please vote your shares. This year you may submit your proxy: (i) by mail (after completing, signing and dating the enclosed card); (ii) by telephone; or (iii) by internet. If you do attend the meeting, you may vote at that time, which will revoke automatically any prior vote you may have submitted. Please note, however, that if your shares are held of record by a broker, bank or other nominee and you wish to vote at the meeting, you must obtain a proxy issued in your name from that record holder. Further instructions are included in the Proxy Statement under“Voting Rights and Solicitation.”
IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL STOCKHOLDER MEETING TO BE HELD ON AUGUST 22, 2024
The Proxy Statement and 2024 Annual Report on Form 10-K are available on the internet at www.envisionreports.com/CYAN.
Proxy Statement for 2024 Annual Meeting of Stockholders
To be held August 22, 2024
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.