PLBY Group, Inc. Announces Cancellation of Special Meeting

Core Viewpoint - PLBY Group, Inc. has decided to cancel its previously adjourned special meeting of stockholders due to a lack of quorum and will include the proposals in its definitive proxy statement for the 2025 Annual Meeting [1][2][3] Group 1: Meeting Details - The Special Meeting was originally convened on March 20, 2025, but was adjourned without conducting any business due to insufficient quorum [2] - The Company has not received the necessary proxies to constitute a quorum and has therefore canceled the Special Meeting [2] - Proposals initially set for the Special Meeting will be included in the proxy statement for the 2025 Annual Meeting, expected to be filed by April 30, 2025 [2][3] Group 2: Financial Implications - The matters submitted to stockholders are critical for the Company to raise capital to support business plans and reduce debt [3] - The Company is actively seeking investors to improve its balance sheet but requires stockholder approval to proceed with financing [3] Group 3: Company Overview - PLBY Group is a global pleasure and leisure company, known for its flagship brand Playboy, which operates in approximately 180 countries [4] - The Company's mission focuses on creating a culture where individuals can pursue pleasure, rooted in values of equality and freedom of expression [4]