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Caribbean News Global May 7, 2021 Special Meeting to reconvene on May 13, 2021. Electronic voting cutoff is at 11:59 pm ET on May 12, 2021 – Stable Road is continuing to solicit votes until that time; call centers to remain open over the weekend. If the Extension Amendment Proposal is not approved, Stable Road will be unable to consummate the proposed business combination with Momentus and all public shares will be redeemed at a price of approximately $10.03 per share within ten business days after May 13, 2021. Leading independent voting advisory firm Institutional Shareholder Services has recommended stockholders vote “FOR” the Extension Amendment Proposal. Approximately 60% of outstanding shares have voted in favor of the Extension Amendment Proposal as of market close on Thursday May 6, however, this number is preliminary and subject to change until the Special Meeting reconvenes. ....
Activision cuts CEO Bobby Kotick's salary, shrinks bonus by millions tweaktown.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tweaktown.com Daily Mail and Mail on Sunday newspapers.
Activision Blizzard CEO Bobby Kotick Agreed to Cut His Base Salary and Annual Bonus by 50%, While His Contract Was Extended to March 31st, 2023 Apr 29, 2021 13:00 EDT Activision Blizzard CEO Bobby Kotick came under fire recently when it was discovered that he would receive a $200 million cash bonus (while some of the company s employees suffered layoffs, too) before taxes. It wasn t just gamers that complained, even the CtW Investment Group put out a statement suggesting the bonus was unjustified. In an SEC filing posted yesterday, the current Activision Blizzard CEO got his contract extended to March 31st, 2023 from the previous expiry date of December 31st, 2021. However, he also agreed to cut both his base salary and target annual bonus in half, thus bringing it in line with other peers. ....
Activision Blizzard CEO Agrees To Cut Huge Salary And Bonuses Following Industry Backlash Share: Activision Blizzard CEO Bobby Kotick has agreed to a major pay cut to both his base salary and bonuses following feedback from shareholders. Over the past few years, the stark contrast between Kotick s monumental earnings and the way in which Activision staff have been treated has caused more than its fair share of upset across the industry. Back in 2019, following what Kotick described as a year of record results , the company laid off a reported 800 members of staff while simultaneously offering its new CFO $15 million worth of awards. ....
Share this article Share this article NEW YORK, April 16, 2021 /PRNewswire/ On April 14, 2021, GX Acquisition Corp. ( GX ) (NASDAQ: GXGX ), provided information regarding a proposal to amend GX s amended and restated certificate of incorporation (the Charter ) to extend the date by which GX has to complete its initial business combination (the Extension ) from May 23, 2021 to July 31, 2021. The Charter currently provides that GX has 24 months from the closing of its initial public offering (until May 23, 2021) to complete an initial business combination, which is customary for a special purpose acquisition company like GX. As previously announced, in January 2021 GX entered into a definitive merger agreement with Celularity Inc. ( Celularity ), an allogeneic cellular therapy company, that would result in Celularity combining with GX and becoming a publicly listed company (the Celularity Business Combination ). Since that time, GX and Celularity have been working ....