What is the agenda and key items to be addressed at the rescheduled Special Meeting?

Agenda & Key Items

The rescheduled Special Meeting will still cover the agenda originally set for the August 11 session. According to Piedmont Lithium’s filing, the items slated for shareholder action include:

1. Election of Directors – voting on the slate of board nominees for the 2025‑2026 term.
   
2. Ratification of the 2025 Stock‑Option/Share‑Based Compensation Plan – a standard “stock‑plan” vote that, if approved, will authorize a new pool of shares for future employee and executive grants.
   
3. Approval of a Strategic Lithium Supply Agreement – a proposed off‑take or joint‑venture contract that would secure a long‑term lithium‑hydroxide supply for U.S. EV manufacturers and, in turn, provide a catalyst for revenue growth.
   
4. Shareholder Proposal on Capital‑Structure Matters – typically a vote on a proposed amendment to the charter or a financing‑related action (e.g., a private placement, convertible note issuance, or a merger‑related transaction).

Trading Implications

• Pre‑Meeting Volatility: With the agenda items still pending, the stock is likely to trade in a relatively tight range until the August 22 meeting, as investors price in the probability of each proposal passing.
  
• Technical View: PLL has been holding near‑flat, hovering around the 20‑day EMA (~$4.30). A breakout above $4.50 would signal bullish sentiment ahead of a positive vote, while a dip below $4.00 could reflect concerns about a failed proposal.
  
• Fundamental Catalyst: If the lithium supply agreement is approved, it would materially strengthen Piedmont’s positioning in the U.S. EV supply chain, potentially unlocking new financing and partnership opportunities—an upside catalyst for the next 3‑6‑month horizon.
  

Actionable Take‑away: Keep the agenda items on your watchlist and monitor any supplemental 8‑K filings that detail the exact wording of each proposal. A decisive “pass” on the supply‑agreement or the stock‑plan could justify a short‑to‑mid‑term long position, while a “fail” on the director election or capital‑structure proposal may trigger a corrective sell‑off. Consider a modest exposure ahead of the August 22 meeting, with a stop‑loss around the 20‑day EMA to manage the expected narrow‑range volatility.