Kirkland's(US:KIRK) Prnewswire·2024-12-19 21:05Core Viewpoint - Kirkland's, Inc. has received approximately 94.3% of votes in favor of a proposal to issue shares to Beyond, Inc. as part of a strategic partnership, although the total proxies received represent only 37.2% of total shares outstanding, necessitating an extension of the voting deadline to meet quorum requirements [3][4]. Company Overview - Kirkland's, Inc. is a specialty retailer of home décor and furnishings in the United States, operating 326 stores across 35 states and an e-commerce platform [5]. Voting and Shareholder Engagement - The special meeting for shareholders was originally scheduled for December 23, 2024, but has been adjourned to allow more time for shareholders to participate and meet quorum requirements [2][4]. - The preliminary voting results indicate strong support from shareholders for the strategic partnership with Beyond, Inc., which aims to enhance the Bed Bath and Beyond brand and accelerate growth [3][4]. Strategic Partnership - The partnership with Beyond, Inc. is viewed as a key milestone for Kirkland's, aimed at strengthening its financial position and revitalizing the Bed Bath and Beyond brand [4]. - Both companies express confidence in the management teams and the potential for growth through an omni-channel offering for customers [4].