Orion Properties Inc. announced that a director nomination notice submitted by The Kawa Fund Limited (Kawa) to nominate five candidates for election to Orion's Board of Directors at the 2026 annual meeting was deemed invalid. The company stated that Kawa failed to meet several requirements outlined in Orion's bylaws, including providing proof of stockholder eligibility and adequately detailing plans for the company. Orion's Board of Directors, acting unanimously, determined that Kawa is not entitled to nominate candidates for the 2026 Annual Meeting. Orion will announce the date of the meeting and file proxy materials with the SEC in due course. No stockholder action is required at this time.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251126111577) on November 26, 2025, and is solely responsible for the information contained therein.