On March 25, 2026, Genie Energy Ltd. announced the postponement of its 2026 Annual Meeting of Stockholders, originally scheduled for May 12, 2026. This decision comes in light of the company's Audit Committee's determination to restate previously issued financial statements for the years ended December 31, 2024, and December 31, 2023. The restatement affects the company's Annual Report on Form 10-K and its unaudited condensed consolidated financial statements for the quarterly periods in 2024 and 2025. The new date for the Annual Meeting is set for June 3, 2026, at 11:00 a.m. local time, at the same location in Newark, New Jersey. Additionally, the record date for determining stockholders entitled to notice of and to vote at the Annual Meeting has been changed from March 16, 2026, to April 22, 2026. This postponement is expected to have a small negative impact on the company's stock price as it raises concerns about the accuracy of financial reporting and governance practices.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.