Statement of the ASFV Committee on Ruling in Delaware Action
The ASFV Committee fundamentally disagrees with the ruling and the Courts conclusions as to matters of fact and law.
- The ASFV Committee fundamentally disagrees with the ruling and the Courts conclusions as to matters of fact and law.
- However, given the late date of the ruling and the imminent annual meeting to be held on November 3, 2022, the ASFV Committee does not currently intend to proceed to trial or seek an appeal.
- While it is terribly unfortunate that the board appears to have avoided accountability to stockholders, the ASFV Committee has limited recourse at this time and thus will not continue with the Delaware action.
- THE ASFV COMMITTEE STRONGLY ADVISES ALL STOCKHOLDERS OF AIM TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION.