AGM/EGMApr 30, 2026, 06:21 AM
GCT Sets July 10, 2026 AGM; Grant Thornton Auditor Ratification
AI Summary
GigaCloud Technology Inc. announced its 2026 Annual Meeting of Shareholders (AGM) will be held virtually on July 10, 2026. Shareholders will vote on the ratification of Grant Thornton LLP as the independent auditor for the fiscal year ending December 31, 2026, following the dismissal of KPMG Huazhen LLP in March 2026. The proxy statement also details corporate governance practices, director compensation, and an insider trading policy.
Key Highlights
- 2026 Annual Meeting of Shareholders (AGM) on July 10, 2026, at 9:00 a.m. PT.
- Shareholders of record as of April 28, 2026, are eligible to vote.
- Proposal 1: Ratify Grant Thornton LLP as independent auditor for FY2026.
- KPMG Huazhen LLP was dismissed as auditor on March 2, 2026.
- KPMG audit fees were $2.05 million in 2025 and $2.20 million in 2024.
- Non-employee directors receive $66,000 cash and $114,000 in Class A shares annually.
- Board consists of 5 members, with 3 independent directors.
- Insider trading policy adopted January 1, 2024, prohibits hedging and pledging.
Price Impact
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