Welcome to the 2021 annual meeting of Kopin Corporation shareholders. I would now like to introduce Kopin Corporation's Chairman of the Board and CEO, Dr. John C.C. Fan.
Good morning, ladies and gentlemen, and welcome to the live broadcast of the 2021 annual meeting of the shareholders of Kopin Corporation. I am John Fan, Chairman of the Board and CEO of Kopin Corporation. This meeting is being recorded and will be available for replay for a limited time in the investor relations portion of our website. In order to assure fairness to all in this meeting, we'll follow the rules of conduct on the annual meeting website. The rules contain important information about the annual meeting, including how this meeting will be adjourned and reconvened if we experience technical difficulties. Shareholders may submit questions during the course of the meeting only dealing with the items on the agenda. For consideration of others, please limit yourself to one question. After concluding the formal meeting, we will answer your questions. We will be making forward-looking statements during today's meeting.
These statements may turn out to be wrong. Joining me today are four members, Jill Avery, James Brewington, and Dave Brook, and the representative from RSM, our independent accounting firm. Also joining me is Richard Sneider, our chief CFO, who has been sworn in as the inspector of elections for the meeting.
On the close of business on April 9th, 2021, was fixed as the record date for the determination of shareholders entitled to notice and to vote at the meeting. Notice of the meeting and the related proxy statements were sent out on or about April 26, 2021, to all shareholders of record for the meeting. A copy of the list of shareholders as of the record date is available for inspection on the annual meeting website during the meeting. A quorum is present, represented by the proxies received by the transfer agent.
Since there is a quorum, I will call the meeting to order. The first item of business on the notice of meeting is the election of seven directors, each to hold office until the 2022 annual meeting of stockholders and until their successors are elected and qualified. The nominees for the board of directors are John C.C. Fan, Scott Anchin, Dr. Jill Avery, James Brewington , Dave Brook, Dr. Mark McCullough, and Dr. Qi Xie. The second item of business on the notice of meeting is a proposal to amend the company's 2021 Equity Incentive Plan to increase the number of authorized shares under the plan from 4 million to 5.5 million. The third item of business on the notice of the meeting is a proposal to amend the company's certificate of incorporation to increase the number of authorized shares to 150 million.
The fourth item of business on the notice of the meeting is a proposal to ratify the appointment by the board of RSM LLP as independent registered public accountants of the company for the current fiscal year. The fifth item of business on the notice of the meeting is an advisory vote to approve the company's executive compensation. The board recommends a vote for on all those matters.
I declare the polls open. If you would like to vote your shares at this time, please use the voting button at the bottom of your screen. Mr. Chairman, the polls are now closed. On the basis of proxies already received, representing stockholders of record owning 56,832,793 shares of common stock, constituting the majority of all the outstanding shares of the common stock of the company, I can report the following. With respect to the first item on the agenda for the meeting, the election of seven directors of the company, each to hold office until the 2022 Annual Meeting and until his or her successor is elected and qualified, the majority of the shares of common stock of the company who voted for the election of each of the seven nominees listed in the proxy statement.
With respect to the second item on the agenda, a proposal to amend the company's 2021 Equity Incentive Plan to increase the number of authorized shares of the plan from $4 million - $5.5 million, the majority of the shares of common stock of the company voted for the increase. With respect to the third item of business, a proposal to amend the company's certificate of incorporation to increase the number of authorized shares to $150 million, a majority of the shares of the common stock of the company were voted for the increase. With respect to the fourth item on the agenda, the ratification of the appointment of RSM LLP as the independent registered public accountants of the company for the current fiscal year, the majority of the shares of the common stock of the company were voted for the ratification of the appointment of RSM LLP.
With respect to the balloting of the fifth item on the agenda for the meeting, an advisory vote on the company's executive compensation, the majority of the shares voted for the approval of the company executive compensation. We will file a Form 8-K with the SEC announcing the final voting results after we complete the inspection of elections report. This concludes the business portion of our meeting, which is now adjourned. As we have no questions, I'll turn it over for John's closing remarks.
Thank you everyone for joining us this morning. I would like to remind everyone that at 12:00 P.M. Eastern Time today, I will be presenting a webinar focused on the future roadmap of AR and VR. Details on the webinar can be found on our website. Thank you and good morning.
Our meeting has now concluded.