Stryve Foods (SNAX) Proxy Filing summary

Executive summary

• Special Meeting scheduled virtually in 2025 to vote on key share issuance proposals and potential adjournment.

• Proposals relate to the issuance of Class A common stock upon exercise of new and amended warrants at $0.79 per share.

• Approval is required to comply with Nasdaq rules and to facilitate future capital raising.

• Failure to approve may hinder future financings and require repeated meetings until approval is obtained.

Voting matters and shareholder proposals

• Proposal 1: Approve issuance of 7,341,722 shares upon exercise of November Warrants at $0.79 per share.

• Proposal 2: Approve issuance of 529,412 shares upon exercise of Amended Warrants at reduced $0.79 price.

• Proposal 3: Approve adjournment of the meeting to solicit additional proxies if needed.

• Board recommends voting "FOR" all proposals.

• Stockholder proposals for the 2025 annual meeting must be submitted by December 30, 2024.

Board of directors and corporate governance

• Board is soliciting proxies and will pay all solicitation expenses.

• Board has authority to adjourn the meeting to solicit more votes if necessary.

• Directors and executive officers' beneficial ownership disclosed, including warrant holdings.