Stryve Foods (SNAX) Proxy Filing summary

Executive summary

• Special Meeting of Stockholders adjourned to January 31, 2025, to solicit additional proxies and reach quorum for voting on two key proposals.

• Over 80% of votes cast so far support both proposals, but quorum (50% of outstanding shares) has not yet been met.

• Approval of proposals would allow access to additional financing, with proceeds from warrant exercises intended for general corporate purposes.

• Failure to approve proposals may require repeated meetings every 60 days and could hinder future financing and business operations.

Voting matters and shareholder proposals

• Proposal 1 and Proposal 2 are up for vote, with the Board recommending approval of both.

• As of January 10, 2025, 1,967,069 out of 4,046,802 shares have voted; 56,333 more shares needed for quorum.

• More than 80% of votes cast support both proposals, based on preliminary tabulation.

• Stockholders are urged to vote immediately to help reach quorum and approve the proposals.

• If not approved, additional meetings will be required every 60 days until approval is obtained.

Board of directors and corporate governance

• The Board of Directors has recommended a FOR vote on both proposals.

• The Special Meeting will be held virtually, allowing stockholders to attend, vote, and submit questions online.