Altair Announces Adjournment of Annual Meeting
Altair (Nasdaq: ALTR) has adjourned its 2021 Annual Meeting of Stockholders to allow shareholders more time to review a proposal to nominate Dr. Mary Boyce and Jim F. Anderson to its Board of Directors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Altair (Nasdaq: ALTR) has adjourned its 2021 Annual Meeting of Stockholders to allow shareholders more time to review a proposal to nominate Dr. Mary Boyce and Jim F. Anderson to its Board of Directors. The meeting is rescheduled for June 2, 2021, at 1:00 p.m. ET, accessible via a virtual platform. The record date for the meeting is March 25, 2021. Altair specializes in software and cloud solutions across simulation, high-performance computing, data analytics, and artificial intelligence, empowering organizations for competitive advantage.
Positive
- Rescheduled Annual Meeting provides time for shareholder consideration of board nominations.
- Nominations include Dr. Mary Boyce, an incumbent since 2018, and newcomer Jim F. Anderson.
Negative
- None.
Details
News Market Reaction – ALTR
The recorded move for ALTR in the trading session of this news was +0.14%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TROY, Mich., May 20, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing, data analytics and artificial intelligence, today announced that it has adjourned its 2021 Annual Meeting of Stockholders in order to provide stockholders with ample time to consider the modification of Altair’s Board of Directors’ proposal to nominate Dr. Mary Boyce, who has served on the Board since 2018, and Jim F. Anderson who has not previously served on the Board. The adjourned meeting will be held at 1:00 p.m. ET on Wednesday, June 2, 2021 at the following url: www.virtualshareholdermeeting.com/ALTR2021. The record date for the annual meeting is March 25, 2021.
About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics and artificial intelligence. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.
Altair Media Contact
Corporate
Jennifer Ristic
+1.216.849.3109
jristic@altair.com
Altair Investor Relations
The Blueshirt Group
Monica Gould +1 212.871.3927
ir@altair.com
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