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NextPlay (NXTP)

Employees
Data from SEC filings
Employee count
Shareholder alignment
Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM

On April 22, 2022, NextPlay Technologies, Inc. (the “Company”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”) in a virtual format. At the Annual Meeting, 40,996,841 of the Company’s 114,060,020 issued and outstanding shares of common stock entitled to vote, or approximately 36.0% as of the record date, February 24, 2022, were present or represented by proxy.

The proposals voted on at the Annual Meeting are more fully described in the Proxy Statement on Schedule 14A filed by the Company with the Securities and Exchange Commission (the “Commission”) on March 11, 2022, which information is incorporated by reference herein. The final voting results on the proposals presented for stockholder approval at the Annual Meeting were as follows:

Proposal No. 1: The Company’s stockholders elected ten directors, each to hold office until the Company’s next annual meeting of stockholders, or until their successors are duly elected and qualified, subject to prior death, resignation, or removal, as follows:


Nominees

Votes For
Votes
Withheld

Broker Non-Votes
Nithinan Boonyawattanapisut36,668,2683,372,349956,224
William Kerby33,814,3386,226,279956,224
Donald P. Monaco33,960,1546,080,463956,224
Athid Nanthawaroon38,972,2951,068,322956,224
Carmen L. Diges33,998,0806,042,537956,224
Komson Kaewkham39,622,676417,941956,224
Yoshihiro Obata37,668,0542,372,563956,224
Farooq Moosa39,674,566366,051956,224
Edward Terrence Gardner37,687,5972,353,020956,224
Todd Bonner36,506,4863,534,131956,224

Proposal No. 2: The Company’s stockholders ratified the appointment of TPS Thayer, LLC as the Company’s independent registered public accounting firm for the fiscal year ending February 28, 2022, as follows:

Votes ForVotes
Against
AbstentionsBroker Non-Votes
40,733,758119,897143,1860


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Proposal No. 3: The Company’s stockholders did not approve an amendment to the exercise price provisions of those warrants (the “Warrants”) issued in connection with a registered direct offering of the Company’s securities pursuant to that Stock Purchase Agreement entered into by and among the Company and certain investors on November 1, 2021, and specifically to remove the $1.97 floor price (the “Floor Price”) of the Warrants such that the exercise price of the Warrants may be reduced below the Floor Price in the event that the Company issues or enters into any agreement to issue securities for consideration less than the then current exercise price of the warrants (the “Warrant Amendment”), as follows:

Votes ForVotes
Against
AbstentionsBroker Non-Votes
11,107,13128,884,87648,610956,224


As previously disclosed in the Current Report on Form 8-K filed by the Company with the Commission on November 3, 2021, the Company has agreed to hold a meeting of its stockholders every three months for so long as the Warrants remain outstanding to obtain stockholder approval of the Warrant Amendment.

Proposal No. 4: The Company’s stockholders voted to authorize the Company’s board of directors (the “Board”) to adjourn the Annual Meeting, in the Board’s discretion, to permit the Company’s Board to solicit additional proxies in favor of the proposals voted on at the Annual Meeting, as follows:


Votes For
Votes
Against

Abstentions
Broker Non-Votes
35,234,9364,740,05365,628956,224

The Board elected not to adjourn the Annual Meeting to a later date to solicit additional proxies in favor of the proposals voted on at the Annual Meeting.

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