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PRNewsWire
1 year ago
ISS Recommends Shareholders VOTE FOR the GSE Merger
COLUMBIA, Md. , Oct. 16, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that leading independent proxy advisory firm Institutional Shareholder Services, Inc. ("ISS") recommended that GSE shareholders vote "FOR": (1) the approval of the Agreement and Plan of Merger, dated as of August 8, 2024 (the "Merger Agreement"), by and between GSE, Nuclear Engineering Holdings LLC, and Gamma Nuclear Merger Sub LLC (the "Merger Proposal"); and (2) the approval, on a non-binding, advisory basis, of the compensation that may become payable to GSE's named executive officers in connection with the merger.