Summary by Moomoo AI
Blackwells Capital LLC and its associates, collectively known as the Participants, have filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) on February 6, 2024, in preparation for The Walt Disney Company's 2024 Annual Meeting of Shareholders. The Participants are engaging in the solicitation of proxies from Disney shareholders, advocating for the election of their own nominees to Disney's board of directors. They argue that their nominees possess the necessary media and entertainment experience that current nominee Nelson Peltz lacks. The Participants have also released social media posts criticizing Peltz and highlighting the significant ownership of Disney shares by Ike Perlmutter, questioning whose interests would be represented on the board. The definitive proxy statement, along with the GREEN proxy card and other relevant documents, are available on the SEC's website and can be obtained from Blackwells Onshore I LLC upon request.
