Welcome to the annual meeting for Advent Technologies Holdings, Inc. Our host for today's call is Gary Herman, Chief Executive Officer. At this time, all participants will be in a listen-only mode. I will now turn the call over to your host. Mr. Herman, you may begin, sir.
Thank you. Good morning. I am Gary Herman, Chief Executive Officer of Advent Technologies Holdings, Inc. It is 9:00 A.M., December 31st, 2024, and I convene this annual meeting of stockholders of the company and call it to order. On behalf of myself and the directors and officers of Advent, welcome. I would like to remind everyone that only registered stockholders can vote at this meeting. I would now like to introduce Christine Sundberg, who will be serving as the Inspector of Elections of our meeting.
Thank you, Mr. Herman. I will be serving as the Inspector of Elections for this annual shareholders' meeting. As indicated in the notice of meeting and accompanying documents, which were mailed commencing on or about December 5th, 2024, to all stockholders of record as of November 24th, 2024, as certified by the affidavit of the company's transfer agent and registrar to the due mailing of such notice and accompanying documents, which notice and affidavit will be filed with the records of the company.
We are here today to consider the following items: election of one director to serve until the 2027 annual meeting of our stockholders, ratification of M&K CPAs, PLLC as the independent registered public accounting firm of the company for the fiscal year ending December 31st, 2024, and consideration of an action with respect to such other business and matters as may properly come before this meeting or any adjournments thereof. We will consider each item in the same order in which it appears in the notice of meeting. Are there any stockholders present who have not voted by proxy or wish to revoke a proxy previously given? If so, please vote within the Broadridge portal at this time. I will now provide a preliminary count of the number of shares represented at this meeting.
There are present at this meeting virtually in person or through representation by proxy, a total of approximately 1,387,291 shares of common stock, which is 52.61% of the 2,636,508 shares of the common stock of the company outstanding and entitled to vote at this meeting. Accordingly, I hereby declare that a quorum exists at this meeting. We are now ready to proceed with the transaction of business. There are two items that require action at this meeting. The first matter to be voted on by stockholders is the election of one director to serve as a Class I director on the board of directors until the 2027 annual meeting of stockholders and until his successor is elected and qualified. The nominee of the board of directors is Robert Schwartz. Is there any discussion on this motion? I see none.
Because of the procedures necessary to deal with proxies, we will vote for all proposals after consideration of the final proposal and will announce the preliminary results of the voting on each proposal following tabulation of the votes. We will now proceed to the next order of business. The second matter to be voted on by stockholders is the ratification of the appointment of M&K CPAS, PLLC as the independent registered public accounting firm of the company for the fiscal year ending December 31st, 2024. Is there any discussion on this motion? I see none. The third and final matter to be voted on by stockholders is the approval of consideration of an action with respect to such other business and matters as may properly come before this meeting or any adjournments thereof. The floor is open for discussion.
There appearing to be no further discussion, we will now proceed to voting. I now declare the polls open for voting on all proposals. All proxies and ballots should be submitted through the Broadridge online meeting portal. No proxies or ballots or revocations or changes to ballots or proxies will be accepted after I declare polls closed. I would now ask Broadridge to cast a ballot on behalf of all stockholders who voted by proxy. If there are any other proxies or ballots to be collected, please submit such proxies or ballots electronically at this time. The polls are now closed. The time is 9:06 A.M. The votes will now be tabulated, which we will announce the results of the voting. We now have the preliminary report of the voting.
The holders of 320,810 shares of common stock present or represented by proxy and voting at this meeting have voted to elect Robert Schwartz to the board of directors. The holders of 336,605 shares of common stock withheld authority with respect to such nominee, and there are 729,876 broker non-votes. The holders of a majority of the shares of common stock entitled to vote on this matter having voted for the nominee, I hereby declare that Robert Schwartz has been elected as a Class 1 director to serve until the 2027 annual meeting of stockholders and until his successor is elected and qualified. The holders of 942,513 shares of common stock present or represented by proxy and voting at this meeting have voted to ratify the selection of M&K CPAS, PLLC as independent registered public accounting firm of the company for the current fiscal year.
The holders of 440,522 shares have voted against the selection, and there are 4,256 votes abstaining. The holders of a majority of the shares of common stock voting on this matter have voted to ratify the selection of M&K CPAS, PLLC. I therefore declare that such appointment has been ratified. The holders of 256,801 shares of common stock present or represented by proxy and voting at this meeting have voted and did not approve the consideration and action with respect to such other business matters as may properly come before any adjournments here. The holders of 25,359 shares of common stock withheld authority with respect to such nominee, and there are 729,876 broker non-votes.
The voters did not provide approval of the shares of common stock entitled to vote on the matter and the consideration action with respect to such other business and matters as may properly come before this meeting and any adjournments thereof.
Thank you, Christine. If there is no further business to come before the meeting, I will adjourn the meeting. I would like to thank everyone for your support. Is there any further business? There being none, I declare the meeting adjourned.