Owens Realty Mortgage, Inc. Provides 2018 Annual Meeting Update
Owens Realty Mortgage, Inc. Provides 2018 Annual Meeting Update Annual Meeting Adjourned Until July 19, 2018 |
[16-July-2018] |
WALNUT CREEK, Calif., July 16, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) (the "Company") today announced that it has adjourned today's annual meeting until Thursday, July 19, 2018 at 1:00 PM PDT (the "Annual Meeting"). The adjourned meeting will be held at the Company's Walnut Creek offices: 2221 Olympic Blvd. Walnut Creek, CA 94595. As announced earlier today in a Board composition update, the Board is in the process of adding two independent directors suggested by the Company's largest stockholder at the Board's request. Subject to customary diligence, the Board will expand by two seats in short order so these highly qualified individuals can be added as directors. The Annual Meeting adjournment will permit the Board to engage with stockholders after they consider this material information about the reconstitution of the Board before casting their vote at the Annual Meeting. The Board will continue to solicit proxies from stockholders with respect to the proposals set forth in the Company's definitive proxy statement, filed with the Securities and Exchange Commission on June 8, 2018 (the "Proxy Statement") during the period of the adjournment. The record date for the Annual Meeting has not changed. Only stockholders of record on the record date of May 31, 2018 are entitled to and are being requested to vote, as more fully described in the Proxy Statement. Previously voted proxies are still valid, and the Board thanks you for your participation. It is also not too late to vote on or change your vote. If you have not voted on the Company's WHITE PROXY card, the Board strongly urges you to do so. If you have questions about how to vote your shares, please contact Georgeson, LLC, our proxy solicitor, at (888) 206-5970 or ORM@Georgeson.com. About Owens Realty Mortgage, Inc. Additional information can be found on the Company's website at www.owensmortgage.com. Important Additional Information Forward-Looking Statements Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake and expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Additional information concerning these and other risk factors is contained in the Company's most recent filings with the SEC including those appearing under the heading "Item 1A. Risk Factors" in the Company's most recent Annual Report on Form 10-K and each subsequent Quarterly Report on Form 10-Q. All subsequent written and oral forward-looking statements concerning the Company or matters attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. View original content:http://www.prnewswire.com/news-releases/owens-realty-mortgage-inc-provides-2018-annual-meeting-update-300681823.html SOURCE Owens Realty Mortgage, Inc. | ||
Company Codes: AMEX:ORM |
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