Lee Enterprises Announces New Date for Special Meeting of Stockholders

Rhea-AI Summary

Lee Enterprises (NASDAQ: LEE) announced that its Special Meeting of Stockholders originally scheduled for December 4, 2025 has been postponed and rescheduled for December 19, 2025. The company said the change is intended to provide more time for stockholder engagement and to maximize participation.

The purpose of the Rescheduled Special Meeting and the record date for voting remain unchanged. Stockholders who already submitted proxies do not need to take further action unless they wish to change their vote. All proposals expected to be voted on will proceed as previously disclosed.

News Market Reaction

-4.21%

2 alerts

-4.21% News Effect

+3.0% Peak Tracked

-$1M Valuation Impact

$27M Market Cap

0.0x Rel. Volume

On the day this news was published, LEE declined 4.21%, reflecting a moderate negative market reaction. Argus tracked a peak move of +3.0% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $27M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Original meeting date: December 4, 2025 Rescheduled meeting date: December 19, 2025

2 metrics

Original meeting date December 4, 2025 Initial Special Meeting of Stockholders schedule

Rescheduled meeting date December 19, 2025 New date for Special Meeting of Stockholders

Market Reality Check

Price: $6.90 Vol: Volume 8,860 is well belo...

low vol

$6.90 Last Close

Volume Volume 8,860 is well below the 20-day average of 52,036, suggesting limited pre-news positioning. low

Technical Shares at $4.12 trade below the 200-day MA of $6.22 and far under the $17.49 52-week high, near the $3.70 52-week low.

Peers on Argus

Peers show mixed moves: TNMG -4.37%, GCI -1.09%, EDUC +4.69%, SCHL +2.98%, and D...

Peers show mixed moves: TNMG -4.37%, GCI -1.09%, EDUC +4.69%, SCHL +2.98%, and DALN +0.06%, indicating no clear sector-wide trend tied to this governance update.

Historical Context

5 past events · Latest: Dec 02 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Meeting rescheduled	Neutral	-4.2%	Special Meeting postponed to allow more time for stockholder engagement.
Nov 26	Earnings results	Negative	-9.2%	Q4 and FY25 results with net loss and high debt levels disclosed.
Nov 21	CFO resignation	Negative	-6.8%	CFO Tim Millage announced resignation and transition to consulting role.
Nov 17	Earnings call plan	Neutral	+7.2%	Company scheduled webcast and call to discuss preliminary quarterly results.
Nov 10	Rights offering plan	Positive	+3.1%	Proposed up to $50M rights offering tied to lowering term loan interest rate.

Pattern Detected

Recent news has often been met with negative reactions, including earnings and governance-related items, with only the rights offering announcement seeing a positive move.

Recent Company History

Over the last few months, Lee Enterprises has focused on balance sheet restructuring and digital transition. On Nov 10, 2025, it announced a proposed $50.0M rights offering tied to lowering term-loan interest, which saw a modest positive move. Subsequent items—a CFO resignation on Nov 21 and Q4/FY25 results on Nov 26—were followed by declines. Today’s rescheduling of the Special Meeting continues the governance process around these capital-structure changes.

Market Pulse Summary

This announcement simply moves Lee’s Special Meeting from December 4 to December 19, 2025 while keep...

Analysis

This announcement simply moves Lee’s Special Meeting from December 4 to December 19, 2025 while keeping the agenda and record date unchanged. It sits within a broader context of capital-structure changes and a planned rights offering outlined in recent SEC filings. Investors may focus on how the eventual vote affects leverage, interest expense, and flexibility, while also weighing recent earnings trends and leadership transitions disclosed in prior reports.

Key Terms

special meeting of stockholders, record date, proxies

3 terms

special meeting of stockholders financial

"its upcoming Special Meeting of Stockholders (the “Special Meeting”), originally"

A special meeting of stockholders is an unscheduled gathering called to let shareholders vote on specific, often urgent company decisions—like mergers, major asset sales, changes to the board, or amendments to governing rules. Think of it as an emergency town hall where owners cast ballots in person or by mail/online; outcomes can materially change a company’s strategy, control or value, so investors pay close attention and may need to vote or adjust holdings accordingly.

record date regulatory

"the record date for determining stockholders entitled to vote at the"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

proxies financial

"Stockholders who have already submitted proxies do not need to take"

Proxies are the voting materials and authorizations shareholders use to cast votes on corporate decisions when they cannot attend a meeting in person; they include summaries of proposals, board nominations, executive pay plans, and instructions for how to vote or appoint someone else to vote on their behalf. Investors care because proxy votes decide who runs a company and what policies it will follow—much like an absentee ballot or power of attorney for a meeting—so outcomes can affect strategy, risk and the value of shares.

AI-generated analysis. Not financial advice.

DAVENPORT, Iowa, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (the “Company”), a leading provider of trusted local news, information, and digital marketing services, today announced that its upcoming Special Meeting of Stockholders (the “Special Meeting”), originally scheduled for December 4, 2025, has been postponed and rescheduled for December 19, 2025 (the “Rescheduled Special Meeting”).

The Company believes that moving the Special Meeting provides more time for stockholder engagement and will help maximize participation.

The purpose of the Rescheduled Special Meeting remains unchanged, and all proposals expected to be voted on will proceed as previously disclosed. Importantly, the record date for determining stockholders entitled to vote at the Rescheduled Special Meeting also remains unchanged. Stockholders who have already submitted proxies do not need to take further action unless they wish to change their vote.

About Lee

Lee Enterprises is a major subscription and advertising platform and a leading provider of local news and information with daily newspapers, rapidly growing digital products and nearly 350 weekly and specialty publications serving 72 markets in 25 states. Our core commitment is to provide valuable, intensely local news and information to the communities we serve. Our markets include St. Louis, MO; Buffalo, NY; Omaha, NE; Richmond, VA; Lincoln, NE; Madison, WI; Davenport, IA; and Tucson, AZ. Lee Common Stock is traded on the NASDAQ under the symbol LEE. For more information about Lee, please visit www.lee.net.

Important Additional Information

Information about the Rescheduled Special Meeting, including with respect to the proposals to be considered at the Rescheduled Special Meeting and instructions on how to vote, can be found in the Definitive Proxy Statement filed by the Company with the U.S. Securities and Exchange Commission on November 13, 2025 with respect to the Rescheduled Special Meeting. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED BY THE COMPANY AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC (INCLUDING OUR ANNUAL REPORT ON FORM 10-K) CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Stockholders may obtain a copy of the Proxy Statement at the SEC’s web site www.sec.gov.

Forward-Looking Statements

Certain of the Company’s statements in this press release are forward-looking statements, such as statements related to the Rescheduled Special Meeting. Any statements that are not statements of historical fact (including statements containing the words “may”, “will”, “would”, “could”, “believes”, “expects”, “anticipates”, “intends”, “plans”, “projects”, “considers” and similar expressions) generally should be considered forward-looking statements. These forward-looking statements speak only as of the date hereof. They reflect our expectations and are not guarantees of any outcome or performance. Readers are cautioned not to place undue reliance on such forward-looking statements, which are made as of the date of this release. We do not undertake to publicly update or revise our forward-looking statements, except as required by law. Actual results may differ materially. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.

Contact:
IR@lee.net
(563) 383-2100

FAQ

Why did Lee Enterprises (NASDAQ: LEE) move the Special Meeting from December 4 to December 19, 2025?

The company said the meeting was moved to provide more time for stockholder engagement and to help maximize participation.

Does the record date for voting change after Lee Enterprises rescheduled the Special Meeting to December 19, 2025?

No. The record date for determining stockholders entitled to vote remains unchanged.

Do Lee Enterprises stockholders who already submitted proxies need to resubmit after the December 19, 2025 rescheduling?

No. Stockholders who already submitted proxies do not need to take further action unless they wish to change their vote.

Will the proposals to be voted on at Lee Enterprises' Rescheduled Special Meeting on December 19, 2025 change?

No. The purpose of the Rescheduled Special Meeting and all proposals expected to be voted on remain unchanged and will proceed as previously disclosed.

When will Lee Enterprises (NASDAQ: LEE) hold the Rescheduled Special Meeting of Stockholders in December 2025?

The Rescheduled Special Meeting is set for December 19, 2025.