Good morning, and welcome to Forum Markets Incorporated 2026 Annual Meeting of Stockholders. It is 10:00 A.M. Eastern Time on August 19, 2026, and time to call the meeting to order. Thank you to everyone in attendance. I am John Saunders, Chief Financial Officer, Vice President of Finance, and Secretary. Please refer to the agenda and rules of conduct for the meeting, copies of which are available on the web portal. During the meeting, we ask that participants abide by these rules of conduct. We are excited to be hosting this meeting in a virtual format, which allows us to reach a greater number of our stockholders. Through the field provided in the web portal, stockholders of record as of the close of business on June 24, 2026, the record date for the annual meeting, who have previously registered to attend the annual meeting, may submit questions during the annual meeting.
The company will review submitted questions following the meeting and may, in its discretion, address appropriate questions at the company's next earnings call for the third quarter. Thank you again for joining us, and I will now turn the meeting over to McAndrew Rudisill, CEO and Executive Chairman of our board, who will act as chairman of the meeting.
Thank you, John. At this time, I would like to introduce the members of the board of directors of the company. In addition to me, the company's directors include Ms. Angela Dalton, Mr. Michael Edwards, Ms. Crystal Heter, Mr. Jason New, Mr. Ryan Smith, and Mr. Andrew Suckling. Also present at the meeting today are Bob Spake, General Counsel of the company, John Kristoff, Senior Vice President of Corporate Communications and Investor Relations of the company, Jay Robbins, Partner, and John Snell, Senior Auditor from accounting firm M&K CPAs, PLLC, and Jim Beha, Partner from the company's outside counsel, Baker Botts L.L.P. John Saunders, Chief Financial Officer, Vice President of Finance, and Secretary, will act as Secretary of the meeting. Anthony Carideo, representative of Broadridge Financial Solutions, has signed an oath to act as Inspector of Elections for the meeting.
The inspector's oath will be filed with the minutes of the meeting. Thank you for joining us today. All stockholders of record at the close of business on June 24, 2026, who have previously registered to attend the meeting are entitled to attend and vote at this annual meeting. The Secretary has confirmed receipt of an affidavit of mailing from Broadridge Financial Solutions, certifying that notice of this meeting was duly given to all stockholders as of the record date. A copy of the notice of meeting and the affidavit of mailing will be incorporated into the minutes of this meeting. Our first order of business at this meeting is to determine whether the shares represented at the meeting, either in person or by proxy, are sufficient to constitute a quorum for the purpose of transacting business. John, do you have a report?
Yes. The Inspector of Election has informed me that 68.5% of the voting power of the outstanding shares of the company's common stock entitled to vote is present in person or by proxy at this meeting. Therefore, a quorum is present with respect to each of the proposals, and we can proceed with the meeting.
Thank you. Because holders of at least one-third of the voting power of all outstanding shares entitled to vote as of the close of business on June 24, 2026, are present in person or by proxy at this meeting, I declare this meeting to be duly convened for the purpose of transacting such business as may properly come before it. A certified report of the Inspector of Election will be incorporated into the minutes of this meeting. The next order of business is a description of the matters to be voted on in today's meeting.
The first proposal properly brought before the stockholders of the company is the election of the three Class II directors set forth in the proxy statement, each of whom will hold office until the 2028 Annual Meeting of Stockholders and until their respective successors have been elected and qualified, or until such director's earlier resignation or removal. Our Secretary has informed me that the company did not receive any stockholder nominations for a director nominee prior to the deadline set forth in our bylaws. Accordingly, I declare the nominations for director closed. The second proposal properly brought before the meeting is approval on an advisory and non-binding basis of the compensation of the company's named executives and officers as disclosed in the proxy statement.
The third proposal properly brought before the meeting is the ratification of the appointment of M&K CPAs, PLLC as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026. Although the company is not required to seek stockholder approval of this appointment, our board of directors deemed it good corporate practice to submit this appointment to a vote of stockholders for ratification. Our Secretary has informed me that the company did not receive any stockholder proposals or other business that may be brought before the meeting. Accordingly, there are no additional proposals for consideration at this annual meeting. Any timely proper additional business will be addressed as required. We're opening the polls. The time is 10:05 A.M. Eastern Time, and I declare the polls now open for each matter to be voted on today.
If you intend to vote and have not already done so, you must submit your vote now by clicking on the voting button on the web portal and following the instructions there. After we've allowed adequate time for voting, we will close the polls. We will not accept ballots, proxies, revocations, or changes after the closing of the polls. If you've already submitted your vote by mail, telephone, or internet and do not wish to change your vote, you do not need to vote now, and your shares will be voted as previously instructed. Again, any stockholder who hasn't yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. We're now going to pause for voting. I hereby declare the polls now closed at 10:06 A.M. Eastern Time.
Any votes made through the web portal will be incorporated in the final count of the votes. John?
We have been informed by the Inspector of Election that the preliminary vote report shows the following results. The nominees for election to the board of directors, McAndrew Rudisill, Mr. Ryan Smith, and Mr. Jason New have been duly elected. The proposal concerning the approval on an advisory basis of named executive officer compensation has been approved. The proposal concerning the ratification of the appointment of M&K CPAs, PLLC as our independent registered public accounting firm for the year ending December 31st, 2026, has been approved. There being no further business to come before the meeting today, the business of the meeting is concluded and the meeting is adjourned. Thank you to everyone for attending and submitting any questions. That concludes our meeting.
The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.