Good afternoon. Welcome to BETA's 2026 annual meeting of stockholders. I will now turn the meeting over to Kyle Clark.
Good afternoon. I'm Kyle Clark, BETA's Founder, Chief Executive Officer, and President. On behalf of BETA, I want to welcome you and thank you for attending our 2026 annual meeting of stockholders. I'm joined today by other members of our management team, members of our board, and representatives from Deloitte, our independent registered public accounting firm. I will act as Chairman of this meeting. Brian Dunkiel, our Chief Legal Officer, will act as Secretary. A representative of American Election Services will act as the inspector of election for this meeting. The agenda, which includes the items for consideration and the meeting's rules and conduct, are each available on the virtual meeting platform. This meeting is now called to order. The polls are also now open and will remain open until we announce they are closed. No votes will be accepted after the polls are closed.
I'll now briefly review today's meeting agenda. We will first address the formal matters for convening the meeting. We will then present the items to be voted on at today's meeting, followed by questions from stockholders regarding those items. To submit a question, stockholders must be properly logged into the web portal and submit their question before we begin the Q&A session. Stockholders may only submit one question each. We've allocated up to 10 minutes for the Q&A section. Voting will close following the Q&A session. Once the polls are closed, we will provide the preliminary voting results based on a report from the inspector of election. If you have already voted, you do not need to do anything during today's meeting unless you would like to change your vote. Now, I would like to introduce Brian Dunkiel, who will present the formal business of today's meeting. Brian?
Thank you, Kyle. Notice of this meeting, along with the related proxy and annual report materials, were mailed or made available beginning on April 29, 2026 to BETA's stockholders of record as of the close of business on April 14, 2026, the record date of this meeting. Based on the affidavit we received from Broadridge, this meeting has been duly called and timely and proper notice has been given. A quorum is present if the holders of a majority of the voting power of the issued and outstanding shares of BETA common stock entitled to vote at this meeting are present or represented by proxy. Each holder of our Class A common stock is entitled to one vote per share, and each holder of Class B common stock is entitled to 40 votes per share.
The inspector of election has advised that stockholders holding at least a majority of the voting power entitled to vote at this meeting are present or represented by proxy. Accordingly, a quorum is present and we are authorized to transact business at this meeting. I'll review the items being voted on. The first item of business is the re-election of three directors, each for a three-year term expiring at our 2029 annual meeting of stockholders, or until their representative successors are duly elected and qualified. BETA's bylaws require advance notice for director nominations. Accordingly, all nominations are closed. The nominees standing for re-election are John Abele, James McConville, and John Slattery. Our board recommends a vote for each of these nominees. The second item is the ratification of the appointment of Deloitte as our independent registered public accounting firm for the 2026 fiscal year.
Our board also recommends a vote for this item. That concludes our discussion of the items to be voted on at today's meeting. We will now address only those questions that have been properly submitted by stockholders. There were no questions and therefore our Q&A session is now closed. With that, the polls are now closed. This concludes the business items on the agenda for this meeting. I will turn the meeting back to Kyle to announce the preliminary voting results.
Thanks, Brian. Based on the preliminary vote report, all three nominees for re-election to our board have been duly elected. The appointment of Deloitte as our independent registered public accounting firm for the 2026 fiscal year has been duly ratified. Final voting results will remain subject to confirmation and will be reported on a Form 8-K filed with the SEC. The meeting is now adjourned. Thank you all for attending today's meeting and for your continued support of BETA.
Thank you all for joining us today. The meeting is now closed.