1. Annual Meeting held on December 16, 2025, adjourned to January 8, 2026. 2. 61,187,445 common shares and 5,374,065 preferred shares outstanding. 3. Additional time was needed to solicit votes for a second proposal.
FAQ
Why Neutral?
The meeting adjournment indicates operational transparency but lacks immediate material impact. Historical examples show that shareholder meetings can cause volatility but often result in neutral to minor changes in stock price, pending decisions.
How important is it?
The adjournment suggests shareholder engagement but doesn't provide substantive changes or news. Future outcomes from the meeting may impact stockholder confidence and perception but are currently speculative.
Why Short Term?
The immediate impact of adjournment reflects short-term uncertainties regarding proposals. Long-term effects depend on the outcomes and their implications for investor sentiment.
Priority Income Fund Conducts Annual Meeting and Announces Adjournment
NEW YORK, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (stock symbol: PRIF-PD) has held its Annual Meeting of stockholders today on December 16, 2025. The meeting addressed critical proposals as outlined in the definitive proxy statement filed with the Securities and Exchange Commission on September 18, 2025. To extend the solicitation of stockholder votes on the second proposal, the meeting will be adjourned until January 8, 2026, at 3:30 PM Eastern Time.
Meeting Details and Stockholder Participation
As of the Record Date, there were 61,187,445 shares of common stock and 5,374,065 shares of preferred stock outstanding. Each preferred stock share is entitled to one vote on pertinent matters, while each common share similarly carries one vote.
Stockholders can participate and vote during the adjourned meeting via the link:
About Priority Income Fund
Priority Income Fund, Inc. is a registered closed-end investment fund concentrating on acquiring and managing a portfolio of senior secured loans, known as collateralized loan obligations (CLOs). These investments typically have a floating interest rate and hold a first lien on the assets of various borrowers, which may include both private and public U.S.-based companies.
The Fund seeks to enhance returns for its investors through strategic management under Priority Senior Secured Income Management, LLC.
Forward-Looking Statements Disclaimer
This release may contain forward-looking statements according to the Private Securities Litigation Reform Act of 1995. These statements reflect the expectations of Priority Income Fund, Inc. regarding future performance but are subject to risks and uncertainties that could cause actual results to differ materially. Terms like “believes,” “expects,” and “projects” signal the presence of forward-looking information.
As such, these statements are not guarantees of future performance, and the company has no obligation to publicly update or revise any forward-looking assertions, whether due to new information or subsequent events.