Prairie Operating (NASDAQ: PROP) investors reelect board, ratify Deloitte
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Prairie Operating Co. held its 2026 Annual Meeting of Stockholders on June 3, 2026April 15, 202697,344,348 common shares were outstanding, were entitled to vote, and 65,706,444 shares were represented in person or by proxy.
Stockholders elected all four director nominees to serve until the 2027 annual meeting, with votes for each ranging from about 35.1 million to 38.3 million, plus broker non-votes. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, by a strong margin of 64,577,836 votes for, 491,258 against, and 637,350 abstentions.
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares outstanding on record date: 97,344,348 shares
Shares voted at meeting: 65,706,444 shares
Votes for Deloitte & Touche LLP: 64,577,836 votes
+5 more
8 metrics
Shares outstanding on record date
97,344,348 shares
Common stock outstanding and entitled to vote as of April 15, 2026
Shares voted at meeting
65,706,444 shares
Common stock represented in person or by proxy at 2026 annual meeting
Votes for Deloitte & Touche LLP
64,577,836 votes
Ratification as independent registered public accounting firm for 2026
Votes against Deloitte & Touche LLP
491,258 votes
Ratification of auditor for fiscal year ending December 31, 2026
Votes for Richard N. Frommer
38,317,707 votes
Election to Board of Directors at 2026 annual meeting
Votes for Jonathan Gray
36,733,474 votes
Election to Board of Directors at 2026 annual meeting
Votes for Stephen Lee
35,090,781 votes
Election to Board of Directors at 2026 annual meeting
Votes for Erik Thoresen
36,304,858 votes
Election to Board of Directors at 2026 annual meeting
Key Terms
Emerging growth company, broker non-votes, independent registered public accounting firm, definitive proxy statement
4 terms
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
broker non-votes financial
"Abstentions | | Broker Non- Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
definitive proxy statement regulatory
"described in the Company’s definitive proxy statement for the Annual Meeting"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
FAQ
What did Prairie Operating Co. (PROP) stockholders vote on at the 2026 annual meeting?
Stockholders elected four directors and ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, based on proposals described in the definitive proxy statement.
What were the vote results for Prairie Operating Co. director elections?
Each of the four nominees received over 35 million votes for. For example, Richard N. Frommer received 38,317,707 votes for and 1,115,867 against, with additional abstentions and broker non-votes recorded.
Which auditing firm did Prairie Operating Co. (PROP) stockholders ratify for 2026?
Stockholders ratified Deloitte & Touche LLP as Prairie Operating Co.’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 64,577,836 votes for, 491,258 against, and 637,350 abstentions.
Who was eligible to vote at Prairie Operating Co.’s 2026 annual meeting?
Only stockholders of record at the close of business on April 15, 2026 were entitled to vote. On that record date, 97,344,348 shares of Prairie Operating Co. common stock were outstanding and eligible.