Summary by Moomoo AI
Rigetti Computing, Inc. (Rigetti) has announced the filing of a PRE 14A preliminary proxy statement with the SEC, scheduling its 2024 Annual Meeting of Stockholders to be held virtually on June 18, 2024. The meeting will address several key proposals, including the election of two Class II directors, Thomas J. Iannotti and Alissa M. Fitzgerald, to serve until the 2027 Annual Meeting. Additionally, stockholders will vote on a reverse stock split proposal aimed at maintaining compliance with Nasdaq's minimum bid price requirement, the ratification of BDO USA, P.C. as the independent auditor for the fiscal year ending December 31, 2024, and an adjournment proposal if necessary to solicit additional proxies. The proxy statement also includes compensation details for executive officers and directors, equity compensation plan information, and transactions with related persons. The Board recommends voting for all proposals, emphasizing the reverse stock split as a strategy to enhance stock marketability and maintain Nasdaq listing standards.