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Power REIT Holds 2025 Annual Shareholder Meeting, Elects Board Members and Ratifies Auditor
ByAinvest
Thursday, Aug 28, 2025 7:09 am ET1min read
Power REIT held its 2025 Annual Meeting of Shareholders on August 27, 2025. Shareholders elected four nominees to the Board of Trustees for a one-year term and ratified MaloneBailey LLP as the Trust's independent registered public accounting firm for fiscal 2025.
Power REIT (NYSE:PW) held its 2025 Annual Meeting of Shareholders on August 27, 2025. The meeting saw shareholders elect four nominees to the Board of Trustees for a one-year term and ratify MaloneBailey LLP as the Trust's independent registered public accounting firm for fiscal 2025 [1].The newly elected Board of Trustees comprises David H. Lesser, Patrick R. Haynes, III, William S. Susman, and Dionisio D’Aguilar. The voting results for each trustee were as follows: David H. Lesser received 1,340,888 votes for, 110,723 withheld, and 666,148 non-broker votes; Patrick R. Haynes, III received 1,348,270 votes for, 103,341 withheld, and 666,148 non-broker votes; William S. Susman received 1,325,140 votes for, 126,471 withheld, and 666,148 non-broker votes; and Dionisio D’Aguilar received 1,349,125 votes for, 102,486 withheld, and 666,148 non-broker votes [2].
In addition to electing the Board of Trustees, shareholders also ratified MaloneBailey LLP as Power REIT’s independent registered public accounting firm for fiscal year 2025. The vote on this proposal was 1,994,099 in favor, 93,812 against, and 29,848 abstentions.
Power REIT is a real estate investment trust (REIT) incorporated in Maryland, with common shares and 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock (NYSE:PW.A) listed on the NYSE American exchange. According to InvestingPro, the company has shown strong momentum with a 28% price return over the past six months, though it maintains a weak overall financial health score [2].
The meeting was held on August 27, 2025, with the record date set for July 28, 2025, to determine which shareholders are entitled to receive notice and vote at the meeting. Shareholders were notified separately by the company [1].
References:
[1] https://www.tipranks.com/news/company-announcements/power-reit-holds-2025-annual-shareholder-meeting
[2] https://www.investing.com/news/sec-filings/power-reit-shareholders-elect-trustees-and-ratify-auditor-at-annual-meeting-93CH-4213585
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