RADNOR, Pa., May 22, 2017 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) announced that its 2017 Annual Meeting of Shareholders will be held on Wednesday, May 24, 2017 at 8:00am EDT at the Radnor Hotel located at 591 East Lancaster Avenue, Wayne, PA 19087. The meeting will take place in the Chanticleer Room and will be webcast at www.safeguard.com/events.
At the meeting, shareholders will be asked to vote on:
i.) the election of six directors;
ii.) a non-binding, advisory resolution to approve the compensation of our named executive officers;
iii.) a non-binding, advisory resolution concerning the frequency of future non-binding advisory votes concerning executive compensation; and
iv.) the ratification of the appointment of KPMG LLP as our independent registered public accounting firm for 2017.
Only shareholders who owned stock at the close of business on March 24, 2017 may attend and vote at this meeting and on any adjournments that may take place. Shareholders are encouraged to read the proxy statement and submit their proxy or voting instructions as soon as possible to ensure that their representation at the annual meeting, regardless of whether you plan to attend in person. The Notice of Annual Meeting, Proxy Statement and our Annual Report on Form 10-K for the fiscal year ended December 31, 2016, are available at www.edocumentview.com/SFE.
CALL AND WEBCAST DETAILS
Please call 10-15 minutes prior to the call to register.
Date: Wednesday, May 24, 2017
Time: 8:00am EDT
Live Number: 877-201-0168 // (International) 647-788-4901
Replay Number: 800-585-8367 // (International) 416-621-4642
Access Code: 28087117
Q&A Format: The call and webcast will be Audio-Only. All questions should be submitted through the webcast.
Replay will be available through June 24, 2017 at 11:59pm EDT. For more information please contact IR@safeguard.com.
About Safeguard Scientifics
Safeguard Scientifics (NYSE: SFE) provides capital and relevant expertise to fuel the growth of technology-driven businesses in healthcare, financial services and digital media. Safeguard targets companies that are capitalizing on the next wave of enabling technologies with a particular focus on the Internet of Everything, enhanced security and predictive analytics. Safeguard typically deploys between $5 million and $25 million over the course of its partnership with a company, initially investing in a Series A or B Round and opportunistically in a Seed Round. Safeguard has a distinguished track record of fostering innovation and building market leaders that spans more than six decades. For more information, please visit www.safeguard.com or follow us on Twitter @safeguard.
Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. The risks and uncertainties that could cause actual results to differ materially include, among others, our ability to make good decisions about the deployment of capital, the fact that our partner companies may vary from period to period, our substantial capital requirements and absence of liquidity from our partner company holdings, fluctuations in the market prices of our publicly traded partner company holdings, competition, our inability to obtain maximum value for our partner company holdings, our ability to attract and retain qualified employees, market valuations in sectors in which our partner companies operate, our inability to control our partner companies, our need to manage our assets to avoid registration under the Investment Company Act of 1940, and risks associated with our partner companies, including the fact that most of our partner companies have a limited history and a history of operating losses, face intense competition and may never be profitable, the effect of economic conditions in the business sectors in which Safeguard's partner companies operate, and other uncertainties described in our filings with the Securities and Exchange Commission. Many of these factors are beyond the Company's ability to predict or control. As a result of these and other factors, the Company's past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.
John E. Shave III
Senior Vice President, Investor Relations and Corporate Communications
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SOURCE Safeguard Scientifics, Inc.