LL Flooring Enters Into Cooperation Agreement With Live Ventures On Director Nominations
Live Ventures Inc LIVE | 10.30 | +8.33% |
Lumber Liquidators Holdings, Inc. LL |
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The Company has separately entered into a cooperation agreement with Live Ventures and Isaac Capital Group with regard to director nominations and the voting of their aggregate 3.8% ownership of LL Flooring common stock at the Company's upcoming Annual Meeting of Stockholders set for July 10, 2024.
Isaac Capital Group had previously nominated three individuals to stand for election to the LL Flooring Board at the Annual Meeting and, in connection with the cooperation agreement, has now withdrawn these nominations and will vote its shares in support of the Company's directors.
The Company notes it is in receipt of additional director nominations from other LL Flooring shareholders.