ISS recommends Bed Bath & Beyond shareholders vote ‘FOR’ all company proposals

Bed Bath & Beyond announced that Institutional Shareholder Services recommends that Bed Bath & Beyond shareholders vote "FOR" all proposals detailed in the company’s definitive proxy statement filed on April 5, 2023. The company’s upcoming Special Meeting of Shareholders is scheduled to be held on May 9, 2023 at 10:00 am EDT. In its report dated April 10, 2023, ISS noted the following: The risk to shareholders of non-approval is specific and severe. The reverse stock split may enable the company to raise sufficient equity capital. The company has not demonstrated imprudent use of its authorized shares in the past three years.