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Stock impact report

Independent Proxy Advisory Firm ISS Recommends LSB Industries, Inc. Stockholders Vote “FOR” Exchange Transaction

LSB Industries, Inc. (LXU) 
Last lsb industries, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.lsbindustries.com
Company Research Source: Business Wire
LSB Urges Stockholders to Vote “FOR” ALL Transaction-Related ProposalsStockholders Needing Assistance in Voting Should ContactLSB’s Proxy Solicitor, Okapi Partners LLC, at (877) 869-0171 or info@okapipartners.com OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today announced that independent proxy advisory firm, Institutional Shareholder Services (“ISS”), has recommended that LSB shareholders vote “FOR” all of the proposals in the Definitive Proxy Statement filed by the Company on August 26, 2021 relating to the Company’s agreement (the “Exchange Agreement”) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (“Eldridge”), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock.In its September 7, 2021 report, ISS emphasized the merits of the Exchange Agreement by stating, “Although the preferred share conversions into common stock would have a dilutive im Show less Read more
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