07:47 AM EDT, 05/31/2024 (MT Newswires) -- Aimia ( AIMFF ) , which is battling with its largest shareholder Mithaq Capital to maintain control of its board, has filed its management information circular and slate of director nominees with Canadian regulatory authorities ahead of its annual shareholders' meeting on June 26.
Yesterday, Mithaq proposed a slate of six nominees to Aimia's ( AIMFF ) board that it said would help correct the "poor track record of Aimia's ( AIMFF ) current leadership" and plummeting share price.
Aimia ( AIMFF ) is reviewing Mithaq's submission and said it will respond in due course.
Earlier this year, Mithaq failed in its attempt to acquire control of Aimia ( AIMFF ).