TORONTO, June 27,
2023 /CNW/ -
OverActive Media ("OverActive" or the "Company") (TSXV: OAM) (OTCQB:
OAMCF), a global
sports, media and entertainment company for today's generation of fans,
today announced the results of voting at its annual and special
meeting of shareholders held on June 27,
2023 (the "Meeting").
Each of the seven nominees listed in the management information
circular dated May 26, 2023 (the
"Circular") prepared in connection with the Meeting were elected as
directors of the Company. The Company received proxies and virtual
votes at the Meeting as set out below:
|
Nominee
|
Votes
For
|
% of Votes
For
|
Votes
Withheld
|
% of Votes
Withheld
|
|
Sheldon
Pollack
|
24,424,017
|
98.35 %
|
410,174
|
1.65 %
|
|
Michael
Kimel
|
24,714,165
|
99.52 %
|
120,026
|
0.48 %
|
|
Jeffrey
Kimel
|
24,456,017
|
98.48 %
|
378,174
|
1.52 %
|
|
Christina
Bianco
|
24,424,017
|
98.35 %
|
410,174
|
1.65 %
|
|
Stewart
Johnston
|
24,681,965
|
99.39 %
|
152,226
|
0.61 %
|
|
Jamie
Firsten
|
24,691,765
|
99.43 %
|
142,426
|
0.57 %
|
|
Wende
Cartwright
|
24,681,965
|
99.39 %
|
152,226
|
0.61 %
|
The resolution of disinterested shareholders approving the
participation of insiders in a proposed exchange of up to 5,906,111
of the Company's currently outstanding stock options for restricted
share units of the Company, as more fully described in the
Circular, was passed by 96.95%% of the votes represented at the
Meeting.
In addition, an ordinary resolution approving the appointment of
KPMG LLP as the Company's auditors for the 2023 fiscal year was
passed by 99.87% of the votes represented at the Meeting.
ABOUT OVERACTIVE MEDIA
OverActive Media (TSXV: OAM) (OTCQB: OAMCF) is headquartered in Toronto, Ontario,
with operations in Madrid, Spain and
Berlin, Germany. OverActive's
mandate is to build an integrated global company delivering sports,
media and entertainment products for today's
generation of fans with a focus on esports, videogames, content creation and distribution, culture,
and live and online events. OverActive owns team franchises in
professional esports leagues including (i) the Overwatch League,
operating as the Toronto Defiant, (ii) the Call of Duty League,
operating as the Toronto Ultra, and (iii) the League of Legends
European Championship ("LEC"),
operating as the MAD Lions.
OverActive also leads
OAM Live, an events arm that produces
both live and online events.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE OverActive Media