Hello, and welcome to the Intelligent Protection Management Corp annual meeting of stockholders. Please note that this meeting is being recorded. Questions may be submitted via the Questions box to the right of your screen by typing your message then clicking the Submit button. The meeting is about to begin.
Good morning. I'm Jason Katz, Intelligent Protection Management Corp's Chief Executive Officer. The company's 2026 annual meeting of stockholders is called to order. I would like to welcome the stockholders, guests, and employees who are in attendance virtually today in the annual meeting. I will act as Chairman of the annual meeting. At this time, I'd like to introduce my fellow members of the board of directors. Kara Jenny, who serves as our Chief Financial Officer, Yoram Abada, Lance Laifer, Sidney Rabsatt, John Silberstein, and Barry Sloane. I would also like to introduce Rachel O'Donnell and Mike Haden from Haynes & Boone, LLP, our corporate counsel. Everyone in attendance should have access to a copy of the rules of conduct for the annual meeting.
To access and view documents concerning the annual meeting, please click on the Documents tab at the top right side of your screen, then click on the document name to view. In the interest of maintaining an orderly meeting, we ask that you honor the rules of conduct. The annual meeting is being held today pursuant to the notice that we mailed on or about April 15th, 2026, to each stockholder of record as of March 27th, 2026. The notice of mail all documents concerning the annual meeting will be filed with the minutes of the annual meeting. As required by law, for the last 10 days prior to the annual meeting, a certified list of the stockholders of record as of March 27th, 2026, the record date for determining stockholders entitled to notice and vote at the annual meeting, has been available for inspection.
Such list will also be filed with the minutes of the annual meeting. Our transfer agent, Equiniti Trust Company, LLC or EQ, will act as inspector of election at the annual meeting. EQ has been instructed to receive, examine, and tabulate the ballots and proxies and to report on the voting by ballot. EQ has received a certified list of the company's stockholders of record as of the close of business on the record date, which was March 27th, 2026, and the respective number of shares entitled to vote at the annual meeting. There were 9,085,729 shares of common stock entitled to vote as of the record date.
The holders of the majority of the shares of common stock of a company outstanding and entitled to vote at the annual meeting are present in person or represented by proxy at the annual meeting. Therefore, I declare that a quorum is present for the purpose of conducting business at the annual meeting, and I hereby declare that the annual meeting is legally convened and ready to transact business. A certified report of the inspector of election will be attached as an exhibit to the minutes of the annual meeting. Voting today will be online ballot and by proxy. Stockholders may vote in person, online, or by proxy. During the annual meeting, we will be following the agenda on the screen. There will be an opportunity for discussion immediately prior to voting.
In order to move through the order of business, we'd appreciate if you'd hold any questions until then. As stated in the notice of annual meeting and the agenda, the principal items of business for this meeting are as follows. Proposal one, director election proposal. The election of seven directors to serve until the 2027 annual meeting of stockholders and until their respective successors are elected and qualified. The director nominees are myself, Yoram Rami Abada, Kara Jenny, Lance Laifer, Sidney Rabsatt, John Silberstein, and Barry Sloane. Information about myself and the other members of the board of directors, including our respective biographical backgrounds, is contained in the proxy statement. Proposal two , auditor ratification proposal. The ratification of the appointment of Grassi & Co., CPAs, P.C. as our independent registered public accounting firm for the fiscal year ending December 31st, 2026.
Each of these proposals is described in greater detail and more information is available in the proxy statement. After careful consideration, the board of directors of the company has determined that each of the foregoing proposals is in the best interest of the company and its stockholders, and it's approved each proposal. The board has recommended that you vote for each of the director nominees set forth in the director election proposal and for the auditor ratification proposal. If there's no further business, we will move to a discussion of the proposals. Before we vote, if you are a stockholder of the company and you wish to submit a question regarding any of these proposals, please click on the Questions box to the right of your screen. Type your question into the text box, click the Submit button.
Please note that in the interest of all stockholders, we will only address those questions that are pertinent to the business of the meeting. If there are no questions, we will move to the collection of the ballots. If you have already voted your shares and do not wish to change your vote, no action is required at this time. If any stockholder has not yet voted and would like to do so, or if you would like to change your vote, you may do so by clicking the Vote My Shares tab at the top right side of your screen. Please deliver your ballot online at this time so that it will be counted by our Inspector of Election. The formal voting segment of the annual meeting is now closed. At this time, all completed ballots should have been submitted.
There being no further discussion of the proposals, I now declare the polls closed. The ballots have been tabulated, and I will now report on the preliminary results of the voting. Each of the director nominees set forth in the director election proposal has received a plurality of the votes cast by holders of our outstanding common stock. I hereby declare that each of the director nominees set forth in the director election proposal has been duly elected. The auditor ratification proposal has received an affirmative vote of a majority of the votes cast by the holders of our outstanding common stock. I hereby declare that the auditor ratification proposal has been approved by our stockholders. A final detailed count will be provided to the company shortly after this meeting. If there is no further business, this concludes our annual meeting. The annual meeting is adjourned. Thank you.
Thank you. This concludes the conference. Thank you for your participation. You may now disconnect.