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Lee Enterprises Announces New Date for Special Meeting of Stockholders
Globenewswire· 2025-12-02 21:00
Core Points - Lee Enterprises has postponed its Special Meeting of Stockholders from December 4, 2025, to December 19, 2025, to enhance stockholder engagement and participation [1][2] - The purpose of the Rescheduled Special Meeting remains unchanged, and all proposals for voting will proceed as previously disclosed [3] - The record date for determining stockholders entitled to vote at the Rescheduled Special Meeting remains unchanged, and stockholders who have submitted proxies do not need to take further action unless they wish to change their vote [3] Company Overview - Lee Enterprises is a major subscription and advertising platform, providing local news and information through daily newspapers and nearly 350 weekly and specialty publications across 72 markets in 25 states [4] - The company is committed to delivering valuable, intensely local news and information to the communities it serves, with markets including St. Louis, MO; Buffalo, NY; Omaha, NE; and others [4] - Lee Common Stock is traded on NASDAQ under the symbol LEE [4] Additional Information - Information regarding the Rescheduled Special Meeting, including proposals and voting instructions, can be found in the Definitive Proxy Statement filed with the U.S. Securities and Exchange Commission on November 13, 2025 [5] - Stockholders are encouraged to read the Proxy Statement and any relevant documents filed with the SEC for important information regarding the solicitation [5]
Lee Enterprises plans quarterly call and webcast November 26, 2025
Globenewswire· 2025-11-17 20:00
Core Viewpoint - Lee Enterprises, Incorporated is set to announce preliminary results for its quarter ended September 28, 2025, during a scheduled audio webcast and conference call on November 26, 2025, at 9 a.m. Central Time [1] Company Overview - Lee Enterprises is a significant subscription and advertising platform, providing local news and information through daily newspapers, digital products, and nearly 350 weekly and specialty publications across 72 markets in 25 states [3] - The company is committed to delivering valuable, intensely local news and information to the communities it serves, with notable markets including St. Louis, MO; Buffalo, NY; Omaha, NE; and others [3] - Lee Common Stock is traded on NASDAQ under the symbol LEE [3]
Lee Enterprises Announces Intent to Pursue Rights Offering to Potentially Reduce Term Loan Debt Interest Rate to 5% for Five Years
Globenewswire· 2025-11-10 22:20
Core Viewpoint - Lee Enterprises, Inc. is initiating a proposed equity rights offering to raise up to $50 million to support its digital transformation efforts [1][2]. Group 1: Proposed Rights Offering - The proposed rights offering aims to raise capital for the company's digital transformation, with an aggregate offering value of up to $50 million [1]. - If the full offering amount is raised, the company will benefit from a reduction in its annual interest rate from 9% to 5% for five years, resulting in annual interest savings of approximately $18 million and up to $90 million over the five-year period [2]. - The net proceeds from the offering will be allocated for working capital and investments in technology related to advertising strategies, audience outreach, and digital products [3]. Group 2: Stockholder Consent and Share Structure - The company is seeking stockholder consent to amend its charter to authorize additional shares of existing common stock, a new class of convertible non-voting common stock, and "blank check" preferred stock [4]. - Holders of the company's voting common stock will receive subscription rights, which include a basic subscription right and an over-subscription privilege [5][10]. - The non-voting common stock issued in the offering is expected to convert automatically into voting common stock after three years [7]. Group 3: Regulatory and Procedural Aspects - A registration statement on Form S-1 has been filed with the U.S. Securities and Exchange Commission (SEC) to facilitate the proposed rights offering [8]. - The company reserves the right to modify, postpone, or cancel the proposed rights offering at any time [9]. - The offering will be made only by means of a prospectus that meets the requirements of the Securities Act of 1933 [11].
Nathan Bekke Named Chief Operating Officer
Globenewswire· 2025-06-20 17:00
Core Insights - Nathan Bekke has been appointed as the Chief Operating Officer of Lee Enterprises, succeeding his role as Operating Vice President and Vice President of Audience Strategy [1][2] - Kevin Mowbray, the President and CEO of Lee, highlighted Bekke's significant contributions to the company's digital transformation and revenue growth, particularly in digital-only audience expansion [2] - Bekke expressed his commitment to accelerating Lee's digital transformation and building on the company's progress as a digital-first organization [2] Company Overview - Lee Enterprises is a major subscription and advertising platform, providing local news and information through daily newspapers and nearly 350 weekly and specialty publications across 72 markets in 25 states [6] - The company is focused on delivering valuable local news and information to its communities, with key markets including St. Louis, MO; Buffalo, NY; Omaha, NE; and Richmond, VA [6] - Lee's common stock is traded on NASDAQ under the symbol LEE [6]
Lee Enterprises plans quarterly call and webcast May 8, 2025
GlobeNewswire News Room· 2025-05-01 21:00
Core Viewpoint - Lee Enterprises, Incorporated is set to announce preliminary results for its quarter ended March 30, 2025, during a scheduled audio webcast and conference call on May 8, 2025 [1] Company Overview - Lee Enterprises is a significant subscription and advertising platform, providing local news and information through daily newspapers and nearly 350 weekly and specialty publications across 72 markets in 25 states [3] - The company emphasizes its commitment to delivering valuable, intensely local news to the communities it serves, with notable markets including St. Louis, MO; Buffalo, NY; and Omaha, NE [3] - Lee Common Stock is traded on NASDAQ under the symbol LEE [3]