Leafly(LFLY) - 2025 FY - Earnings Call Transcript

Financial Data and Key Metrics Changes - The meeting confirmed that 54.54% of the votes representing common stock were cast, indicating a significant level of shareholder engagement [5] - The company reported a quorum was present for the transaction of business, allowing for the formal proposals to be discussed and voted upon [5] Business Line Data and Key Metrics Changes - No specific financial data or metrics related to individual business lines were provided in the meeting [16] Market Data and Key Metrics Changes - No specific market data or metrics were discussed during the meeting [16] Company Strategy and Development Direction and Industry Competition - The company proposed a name change to Leafly.com Holdings Inc, which reflects a strategic shift towards enhancing its brand identity [8] - A reverse stock split was proposed to reduce the number of authorized shares, which may help the company deregister its common stock and suspend reporting obligations under the Securities Exchange Act [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the proposals presented, which were all approved by shareholders, indicating a positive outlook for the company's governance and strategic direction [14] Other Important Information - The company plans to file a certified final report of the vote results with the SEC within four business days, ensuring transparency and compliance with regulatory requirements [15] Q&A Session All Questions and Answers - No specific Q&A session was documented in the meeting, as the focus was primarily on the proposals and voting outcomes [16]