Good morning, everyone, and welcome to Kaltura's 2024 Annual Stockholders Meeting. With me today from Kaltura is Mr. Ron Yekutiel, co-founder, chairman, chief executive officer, and president, who will present the other participants and will chair the meeting. I will now turn the call over to Ron. Please go ahead.
Good morning. I'm Ron Yekutiel, Chairman, Chief Executive Officer, and President of Kaltura, and chairperson of today's meeting. I'm very happy to welcome you to our 2024 Annual Meeting of Stockholders. Before the meeting is called to order, I'd like to introduce to you the other members of the board and executive officers of the company who are on the webcast today. The other members of the board in attendance are Naama Halevi Davidov, Shay David, and Richard Levandov.
From the company, we also have John Doherty, our Chief Financial Officer, and Zvi Maayan, our General Counsel and Secretary, who will serve as secretary of this meeting. We also have on the line Mrs. Nati Alon of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, the company's independent auditor, who's available to respond to appropriate questions via the Ask a Question function on the annual meeting webpage. Mr. Christopher J. Woods of American Election Services, LLC, our representative of Broadridge Financial Solutions, who will serve as the inspector of elections at today's meeting. I now call the meeting to order.
We will proceed with the formal business of the meeting as indicated in the notice of annual meeting and the company's proxy statement. The polls open today, June 18, 2024, at 10:00 A.M. Eastern Time for voting on all matters before the meeting. If you have not already voted and wish to vote, the polls will remain open until we finish presenting the proposals and close the polls.
You do not need to vote during the meeting if you have already voted and do not wish to change your vote. On the virtual meeting webpage, you will find the agenda for the meeting. You will also find the rules of conduct for today's meeting. Please review these rules carefully. Note that only stockholders who are logged into the meeting using their 16-digit control number will be able to vote and submit questions at today's meeting.
The secretary of the meeting will file the proof of mailing of notice of the meeting with the records of the meeting. All stockholders of record at the close of business on April 22, 2024, or holders of a valid proxy, are entitled to vote at today's meeting.
The inspector of election has a complete list of the holders of record of the company's common stock on the record date for the meeting, and for stockholders who have entered a valid 16-digit control number, the stockholder list is also available during this meeting on the bottom panel of your screen. The inspector of election, Mr. Christopher J. Woods, has signed a customary oath of office to execute his duties with strict impartiality. We will file this oath with the records of the meeting.
There were 146,911,185 shares of common stock held of record on April 22, 2024. A majority of these shares are necessary for a quorum, and Mr. Christopher J. Woods has informed me that more than a majority of the shares are represented at this meeting online or by proxy.
I therefore declare that a quorum is present, so we can now proceed with the formal business of the meeting. There are two items of business to be considered by the stockholders at today's meeting. The board recommends that the stockholders vote for each of these proposals. The first item of business is the election of Shay David and Naama Halevi Davidov to serve as Class III directors for a term ending in 2027.
The second item of business is a ratification of the audit committee's appointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as the company's independent auditor for 2024. That was the final item of business for today's meeting. If you wish to vote and you haven't already, please vote now by clicking on the voting button on the web portal and following the instructions.
You do not need to vote electronically if you have already sent in your assigned proxy or if you have voted by telephone or internet. We will pause for approximately 30 seconds before closing the voting polls. The time is now 10:05 A.M. on June 18, 2024, and the polls are now closed for voting. The inspector of election will count the votes. The final report of the inspector of election will be kept with the company's records of the annual meeting.
The final tally of the votes will be published within 4 business days in a current report on Form 8-K to be filed with the Securities and Exchange Commission. The meeting is now adjourned. I want to thank you for participating and for your interest in Kaltura. We will now move to the final topic on the agenda, questions and answers.
Please note that we will only be answering questions that are within the rules of conduct, and only stockholders who have logged into the meeting using their 16-digit control number are able to submit a question through the Ask a Question button on the web portal. Mr. Maayan, are there any questions that have been submitted?
No, there are no questions. Please proceed with your closing remarks.
Thank you, Zvi. In closing, I want to thank all of our stockholders and everyone on the line today for your interest in Kaltura. This concludes our annual meeting.
The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.