ILUS Reschedules Shareholder Meeting Following Shareholder Feedback
Rhea-AI Summary
Positive
- Company demonstrates responsiveness to shareholder feedback by rescheduling the meeting
- Alternative communication methods (podcast and Q&A) being implemented to maintain shareholder engagement
- Commitment to providing more advance notice for the rescheduled meeting
Negative
- Delay in direct shareholder engagement until November 2025
- Potential disruption to original strategic communication timeline
News Market Reaction 1 Alert
On the day this news was published, ILUS declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY, June 17, 2025 (GLOBE NEWSWIRE) -- Ilustrato Pictures International Inc. (OTC: ILUS) ("ILUS" or the "Company"), a mergers and acquisitions company focused on acquiring and scaling businesses in the public safety and industrial sectors, announces that it has decided to postpone the upcoming Shareholder Meeting, originally scheduled for Friday, June 20, 2025.
In response to feedback from our shareholder community regarding timing and attendance logistics of the meeting, ILUS believes it is in the best interest of all stakeholders to postpone the meeting for later this year. We are targeting a new date in November and will provide ample notice to allow shareholders sufficient time to make travel arrangements and to attend in person.
In the meantime, ILUS will release a podcast update in the coming week, providing an overview of current business developments and strategic progress, content originally planned for the Shareholder Meeting. The update will be delivered in segments for easier viewing at shareholders’ convenience. This will be followed by a written Q&A, with further details to be shared shortly.
We remain fully committed to transparency and providing meaningful opportunities for shareholder engagement. We appreciate your understanding and continued support as we ensure the rescheduled event is as valuable and accessible as possible.
For further information on ILUS, please see its communication channels:
Website: https://ilus-group.com
X: @ILUS_INTL
Email: IR@Ilus-Group.com
Source: ILUS
Forward-Looking Statement
Certain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company's current customer, supplier and other material agreements; and (viii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls, and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, considering the SEC's guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels: Website: https://ilus-group.com X: @ILUS_INTL
Contact:
IR@Ilus-group.com
(917) 522-3202)
FAQ
Why did ILUS reschedule its June 2025 shareholder meeting?
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