Kirkland’s extends voting deadline for shareholder meeting

Kirkland’s (KIRK) decided to extend the voting deadline for its upcoming special meeting of shareholders originally scheduled for December 23, 2024. The special meeting will be convened as scheduled and adjourned to a later date in order to allow for additional time to satisfy applicable quorum requirements. Based on the preliminary reports from the votes submitted as of December 19, 2024, approximately 94.3% of votes at the Special Meeting were voted “For” the proposal to approve the issuance of shares of Kirkland’s common stock to Beyond in connection with the strategic partnership between the companies. However, at this time, the company has received proxies representing approximately 37.2% of total shares outstanding as of the record date, less than the majority needed under applicable law and the company’s bylaws. The record date for the meeting will continue to be November 5, 2024, and there is no need for shareholders to revote shares if votes have already been cast.