Thank you for standing by, and welcome to the Forian Inc special meeting. I will now turn the call over to Max Wygod, CEO and Chairman. Please go ahead.
Good afternoon. I am Max Wygod, Executive Chairman, Chief Executive Officer, and President of Forian Inc. I have been appointed Chairman of this special meeting of stockholders. I would like to welcome you and express the thanks of our board and our management team for your attendance today. I now call the meeting to order at 12:00 P.M. Eastern Time, and will ask that Broadridge open the polls for voting. In addition to myself, we have several other members of the Forian Board of Directors on the call, as well as Michael Vesey, our Chief Financial Officer, and Caroline McGrail, our General Counsel. Also joining us today is Anna Hagberg, with Broadridge Investor Communication Solutions, Inc., who has been appointed as the Inspector of Elections for today's meeting and who has previously taken an oath as an Inspector of Elections.
If you wish to ask a question during this meeting, please do so by submitting your question online on our virtual stockholder meeting website. Stockholder questions are welcome, but we do not intend to address any questions that are not appropriate or relevant for this meeting, such as questions related to matters specific to an individual stockholder and questions that deal with issues that were not previously submitted as proposals for this meeting. We will answer appropriate questions regarding the matters to be covered in this meeting before the voting is closed.
The following documents will be incorporated in the company's records as part of the minutes of this meeting: one, a copy of notice of special meeting of stockholders stating the date, time, place, and purpose of the meeting; two, a copy of proxy statement for this meeting; and three, the affidavit of Broadridge showing that each stockholder of record on the record date was distributed the notice of meeting and proxy statement, as well as instructions on how to access the proxy statement and vote online. In addition, please note that the agenda and rules of conduct for today's meeting are available on our virtual stockholder meeting website for your convenience. We will now proceed with the formal business of the meeting. December 2nd, 2025, is the record date fixed by our Board of Directors for stockholders entitled to, notice of, and to vote at this meeting.
A certified list of stockholders of the company as of the close of business on the record date has been provided to the company by the company's transfer agent, Broadridge. That list shows that on the record date there were 31,072,252 shares of common stock of the company issued and outstanding. On each proposal brought before this meeting, stockholders are entitled to one vote for each share of common stock registered in their name. I have been advised by the Inspector of Elections that at least one-third of the issued and outstanding shares entitled to vote are present. Therefore, I declare that a quorum is present, and this meeting may now proceed. Each proposal described in the proxy statement will be raised for consideration and will be voted upon.
Please note that we will afford stockholders an opportunity to ask any questions concerning the proposals online through our virtual stockholder meeting website after all proposals have been presented. The votes regarding the proposals then will be tabulated, and the results will be announced shortly thereafter. The first matter requiring the vote of stockholders is the proposal to re-domicile through a statutory conversion the company from a corporation organized under the laws of the state of Delaware to a corporation organized under the laws of the state of Maryland, the re-domiciliation. The approval of this re-domiciliation proposal requires the affirmative vote of the holders of a majority of the voting power of the outstanding shares of our common stock. Our Board of Directors recommends stockholders vote for Proposal One, the re-domiciliation.
Before I proceed to open the polls and allow voting on Proposal One, permit us a minute to confirm whether any questions have been submitted and to respond to those. We do not see any questions relevant to the proposals, and so we will now move to voting. As a reminder, if you have provided your proxy card or otherwise have voted in advance of the meeting, your shares will be voted accordingly. There is no need to vote during this meeting unless you want to change your existing vote. If you properly registered to attend this virtual meeting and have not yet already voted, please do so now by voting your shares online following the instructions on our virtual stockholder meeting website. We will now provide one minute for stockholders to finish voting. It is now 12:06 P.M.
Eastern Time, and I declare that the polls are closed for Proposal One. Based on the preliminary report of the Inspector of Elections, I hereby declare that Proposal One has received the affirmative vote of a majority of the voting power of the outstanding shares of the common stock. Based on the Inspector's preliminary report, Proposal One has been approved by our stockholders. The final certified results will be included in the current report on Form 8-K to be filed with the Securities and Exchange Commission and posted on our website. In light of the approval of Proposal One, there is no need to consider Proposal Two regarding the adjournment to solicit additional proxies. Proposal Two will not be presented for a vote, and no further action is required. As there are no other matters to be considered, this meeting is now officially adjourned. Thank you for your attendance.
This concludes today's meeting. You may now disconnect.