KVH Industries Shareholders Elect Both of Company’s Director Nominees at 2021 Annual Meeting
June 17 2021 - 8:34AM
Business Wire
KVH Industries, Inc. (Nasdaq: KVHI), today announced the
preliminary vote results of the Company's 2021 annual meeting of
shareholders, as provided by its proxy solicitor. Based on these
preliminary results, both of the Company’s nominees, Cielo
Hernandez and Cathy-Ann Martine-Dolecki, have been elected to the
KVH Board of Directors by a significant margin.
KVH issued the following statement:
We want to thank our shareholders for their
engagement and support throughout the annual meeting election
process. The election of Cielo Hernandez and Cathy-Ann
Martine-Dolecki to the Company’s Board represents a recognition of
the positive momentum in our business and the fact that our
long-term strategy is working. However, we also know that we have
more work to do as we focus on executing against our plan and
increasing value for shareholders. We look forward to welcoming Ms.
Hernandez and Ms. Martine to our Board and are confident their
insights and industry experience will help the Company
significantly moving forward.
The results announced today are considered preliminary until
final results are tabulated and certified by the independent
Inspector of Elections. Final results will be reported on a Form
8-K that will be filed with the U.S. Securities and Exchange
Commission, at which time they will become available on www.kvh.com
and www.sec.gov.
About KVH Industries, Inc.
KVH Industries, Inc., (Nasdaq: KVHI), is a global leader in
mobile connectivity and inertial navigation systems, innovating to
enable a mobile world. The market leader in maritime VSAT, KVH
designs, manufactures, and provides connectivity and content
services globally. KVH is also a premier manufacturer of
high-performance sensors and integrated inertial systems for
defense and commercial applications. Founded in 1982, the Company
is based in Middletown, RI, with research, development, and
manufacturing operations in Middletown, RI, and Tinley Park, IL,
and more than a dozen offices around the globe.
KVH is a registered trademark of KVH Industries, Inc.
Additional Information and Where to Find It
The Company has filed a definitive proxy statement and a form of
associated BLUE proxy card with the U.S. Securities and Exchange
Commission (the “SEC”) in connection with the solicitation of
proxies for the Company’s 2021 Annual Meeting of Stockholders (the
“Definitive Proxy Statement”). THE COMPANY’S STOCKHOLDERS ARE
STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT, THE
ACCOMPANYING BLUE PROXY CARD AND OTHER DOCUMENTS FILED WITH THE SEC
CAREFULLY IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. The Company’s stockholders may obtain the Definitive
Proxy Statement, any amendments or supplements to the Definitive
Proxy Statement and other documents filed by the Company with the
SEC free of charge at the SEC’s website at www.sec.gov. Copies are
also available free of charge at the Company’s website at
www.kvh.com.
Certain Information Regarding Participants
The Company, its directors and certain of its executive officers
are participants in the solicitation of proxies from the Company’s
stockholders in connection with the matters to be considered at the
Company’s 2021 Annual Meeting of Stockholders. Information about
the Company’s directors and executive officers is available in the
Definitive Proxy Statement filed with the SEC on May 17, 2021 and,
with respect to directors and executive officers appointed
following such date, will be available in certain of the Company’s
other SEC filings made subsequent to the date of the Definitive
Proxy Statement. To the extent holdings of the Company’s securities
by such directors or executive officers have changed since the
amounts printed in the Definitive Proxy Statement, such changes
have been or will be reflected on Initial Statements of Beneficial
Ownership on Form 3 or Statements of Changes in Beneficial
Ownership on Form 4 filed with the SEC.
Forward-Looking Statements
Certain statements in this communication constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Statements preceded by, followed
by or that otherwise include the words “believes,” “expects,”
“anticipates,” “intends,” “projects,” “estimates,” “plans,” “may
increase,” “may fluctuate,” “will,” “should,” “would,” “may” and
“could” or similar words or expressions are generally
forward-looking in nature and not historical facts. Any statements
that refer to outlook, expectations or other characterizations of
future events, circumstances or results are also forward-looking
statements. Important risks, assumptions and other important
factors that could cause future results to differ materially from
those expressed in the forward-looking statements are specified in
the Company’s Annual Report on Form 10-K for the year ended
December 31, 2020 and its Quarterly Reports on Form 10-Q for any
subsequent periods under headings such as “Cautionary Statement
Regarding Forward-Looking Information,” “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and in other filings and furnishings made by
the Company with the SEC from time to time. The Company undertakes
no obligation to release publicly any revisions to any
forward-looking statements, to report events or to report the
occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20210617005571/en/
Media Contact: Sloane & Company Dan Zacchei / Joe
Germani dzacchei@sloanepr.com / jgermani@sloanepr.com Investor
Contact: D.F. King & Co., Inc. Edward McCarthy (212)
269-5550 KVH@dfking.com
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