Hello, everyone, and welcome to Planet 13 Holdings Inc's 2026 Annual Meeting of Stockholders. Before we get started, I would like to go over a few logistical items so you know how to participate in today's meeting. You have joined the annual meeting using your computer's speaker system by default. If you would prefer to join over the telephone, just select telephone in the audio pane, and the dial-in information will be displayed. At the end of the meeting, you will have the opportunity to submit text questions to today's presenters by typing your questions into the questions/chat pane of the control panel. You may also send in your questions at any time during the meeting. We will collect these and address them during the Q&A session at the end of today's stockholders meeting. The polls are now open.
Viewers can go to www.virtualshareholdermeeting.com/PLNH2026, as shown in the chat box for all attendees. At this time, I would like to introduce Larry Scheffler, Co-CEO of Planet 13 Holdings, Inc.
Good afternoon. Welcome to Planet 13 Inc's 2026 Annual Meeting of Stockholders. The meeting will now come to order. As previously stated, I'm Larry Scheffler, Co-CEO of the company. On behalf of the board of directors and the executive management team of the company, we hope that you and your families are doing well. I'd like to thank all those who made it possible to conduct this virtual meeting and look forward to interacting with our stockholders on today's call. I will act as chairman of the meeting, and Tatev Oganyan, our General Counsel, will serve as secretary. Upon logging into the meeting via your unique join link provided in your meeting invitation email, each of you were presented with an order of business for the meeting. Also presented was a list of the rules of conduct for the meeting.
To conduct an orderly meeting, we ask that participants abide by these rules. As stated in the rules of conduct, shareholders shall be on mute during the duration of the meeting. Should you desire to ask a question during the meeting, you may submit text questions by typing your question into the question/chat pane on the control panel. You may submit your questions at any time during the meeting. Questions pertaining to the conduct of the meeting will be addressed during the session if relevant. All other questions will be collected and considered during the Q&A session, along with other questions submitted in advance of this meeting at the end of today's meeting, as time permits. Thank you for cooperation with these rules. Under the statement on mailing of notice, I ask Mrs. Oganyan to give a secretary's report on the qualifications of this meeting to proceed.
This meeting is held pursuant to a written notice mailed to all stockholders of record as of the close of business on April 14, 2026. The notice mailed to all stockholders was accompanied by the proxy statement, the form of proxy, and the annual report for fiscal year 2025. These documents will be filed with the records of this meeting. In addition, the proxies and the certified list of stockholders are in the custody of the Inspector of Elections.
Mr. Richard Lizza has been appointed Inspector of Elections and has taken the oath of office, which has been filed with the company's records. Mr. Lizza, do we have a quorum?
Yes, Mr. Scheffler, we do. A majority of the company's issued and outstanding capital stock entitled to vote are represented at this meeting, either attending the meeting or by proxy, and this constitutes a quorum of the stockholders as all legal requirements for holding this meeting have been satisfied.
The meeting is lawfully convened and ready to transact business. You have received a copy of the order of business, which includes the matters to be submitted to the vote of the stockholders. At this time, the polls are now open. Stockholders who have sent in proxies do not need to take any further action at this time. If you have not sent in a proxy, please visit the following website in order to vote your shares during the meeting while the polls are open. That's at www.virtualshareholdermeeting.com/plnh2026. You will need your virtual control number in order to vote your shares, which has been provided in the email that you have received upon registering for the meeting. We will now proceed to the matters to be voted on.
The first item of business is proposal to elect Robert Groesbeck, Larry Scheffler, Adrienne O'Neal, David Loop, Kevin Martin, Nancy Saitta, and Leilani Bradford as members of our board of directors, each to serve until the next annual meeting of stockholders or until their successors are elected or appointed. Is there any discussion concerning the election of directors? I'll move on then to the second item of business, is a proposal to approve an amendment to the company's 2023 Equity Incentive Plan. Is there any discussion concerning approval of the amendment to the company's 2023 Equity Incentive Plan? I will move on to the third item. The third item of business is a proposal to ratify the appointment of Davidson & Company LLP, as our independent registered public accounting firm for the fiscal year ending December 31st, 2026.
Is there any discussion concerning the appointment of Davidson & Company LLP, as our independent registered public accounting firm for the fiscal year ending December 31st, 2026? Has everyone who desires a vote on the proposals done so? I hereby declare the polls closed. The Inspector of Elections will now tabulate the votes and report the preliminary results before the close of the meeting. I've been advised.
Thank you, Mr.
Go ahead.
I'm sorry. On the proposal to elect Robert Groesbeck, Larry Scheffler, Adrienne O'Neal, David Loop, Kevin Martin, Nancy Saitta, and Leilani Bradford as members of the company's Board of Directors, each to serve until the next annual meeting of stockholders or until their successors are elected or appointed. The preliminary results indicate that each of the seven directors has received a plurality of the votes cast from the holders of shares, either attending the meeting or represented by proxy and entitled to vote on the election of directors. On the proposal to approve the amendment to the company's 2023 Equity Incentive Plan, the preliminary results indicate that holders of a majority of the votes cast, either attending the meeting or by proxy at the annual meeting, have voted to approve such proposal.
On the proposal to ratify the appointment of Davidson & Company LLP, as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, the preliminary results indicate that holders of a majority of the votes cast, either attending the meeting or by proxy at the annual meeting, have voted to ratify the appointment. Mr. Chairman, the final results of the stockholder vote, reflecting all proxies received by mail or otherwise through the close of this meeting and any votes cast during this meeting with respect to each of the proposals, will be included in my final report for you to publish in a Form 8-K within four business days after the final results are known, you may then make them available upon request.
Thank you, Mr. Lizza. There being no further business, this meeting is now adjourned. All right, I'd like to thank you for attending today's virtual meeting and the support you've shown for the Planet 13 Holdings, Inc. We will now have a brief question and answer period. During this period, the management is available to respond to appropriate questions from the stockholders.
Thank you, Mr. Scheffler. We have not received any questions to address during this Q&A session.
This now concludes the meeting. Thank you for joining, and have a pleasant day.