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New Concept Energy, Inc. failed to establish a quorum at its July 24, 2026, Annual Meeting of Stockholders
GBRNew Concept Energy, Inc.
New Concept Energy, Inc. failed to establish a quorum at its July 24, 2026, Annual Meeting of Stockholders. As of the June 19, 2026 record date, 5,131,934 shares of Common Stock and 559 shares of Series B Preferred Stock were outstanding. Because insufficient proxies were received to conduct business, including the election of directors and a proposed sale of 2,000,000 common shares, the meeting was recessed until August 21, 2026. Management intends to solicit additional proxies to reach the required quorum. The company operates in the energy sector.