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Terra Property Trust Shareholders Elect Directors, Ratify Auditors

EditorLina Guerrero
Published 07/19/2024, 04:57 PM
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect
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NEW YORK – Terra Property Trust, Inc., a real estate investment trust, announced the results of its annual stockholder meeting held virtually on Monday. Shareholders voted on several key matters, including the election of directors and the ratification of the company's independent auditors for the current fiscal year.

The meeting, which achieved a quorum with 51.66% of outstanding shares represented, saw the election of all six director nominees. These directors are slated to serve until the 2025 annual meeting or until their successors are elected and qualified. The elected directors are Vikram S. Uppal, Roger H. Beless, Michael L. Evans, Adrienne M. Everett, Spencer E. Goldenberg, and Gaurav Misra.

In addition to the election of directors, shareholders ratified the appointment of KPMG LLP as the company's independent registered public accounting firm for the fiscal year 2024. The ratification received a strong affirmative with 11,873,072.709 votes for and 427,447.290 against, with 272,147.544 abstentions.

The results from the annual meeting reflect the shareholders' support for the current board's direction and the continued partnership with KPMG LLP as the independent auditor. The company, headquartered in New York, operates under the leadership of a board committed to stewarding the interests of its shareholders and the long-term success of the trust.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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