If a public company decides not to solicit proxies for a shareholder meeting,it need not give shareholders the information that would have been required in a proxy statement.

Question

Quizplus · Accepted Answer

If a public company decides not to solicit proxies for a shareholder meeting, it still has an obligation to provide shareholders with the information required in a proxy statement. This information can be provided through other means, such as a notice of meeting or a press release, but it cannot simply be withheld.

If a Public Company Decides Not to Solicit Proxies for a Shareholder