0000921895-19-001709.txt : 20190603 0000921895-19-001709.hdr.sgml : 20190603 20190603161547 ACCESSION NUMBER: 0000921895-19-001709 CONFORMED SUBMISSION TYPE: DFAN14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190603 DATE AS OF CHANGE: 20190603 EFFECTIVENESS DATE: 20190603 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: J. Alexander's Holdings, Inc. CENTRAL INDEX KEY: 0001617227 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 471608715 STATE OF INCORPORATION: TN FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: DFAN14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-37473 FILM NUMBER: 19873467 BUSINESS ADDRESS: STREET 1: 3401 WEST END AVENUE, SUITE 260 CITY: NASHVILLE STATE: TN ZIP: 37203 BUSINESS PHONE: 615-269-1900 MAIL ADDRESS: STREET 1: 3401 WEST END AVENUE, SUITE 260 CITY: NASHVILLE STATE: TN ZIP: 37203 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ancora Advisors, LLC CENTRAL INDEX KEY: 0001446114 IRS NUMBER: 331033773 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A BUSINESS ADDRESS: STREET 1: 6060 PARKLAND BOULEVARD, SUITE 200 CITY: CLEVELAND STATE: OH ZIP: 44124 BUSINESS PHONE: 2168254000 MAIL ADDRESS: STREET 1: 6060 PARKLAND BOULEVARD, SUITE 200 CITY: CLEVELAND STATE: OH ZIP: 44124 DFAN14A 1 dfan14a06470015_06032019.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

(Rule 14a-101)

 

INFORMATION REQUIRED IN PROXY STATEMENT

 

SCHEDULE 14A INFORMATION

 

Proxy Statement Pursuant to Section 14(a) of The Securities Exchange Act of 1934

 

(Amendment No. )

 

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☐Definitive Proxy Statement

 

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☐Soliciting Material Under Rule 14a-12

  

J. ALEXANDER’S HOLDINGS, INC.

(Name of Registrant as Specified in Its Charter)

 
ANCORA ADVISORS, LLC

(Name of Persons(s) Filing Proxy Statement, if Other Than the Registrant)

 

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Ancora Advisors, LLC (“Ancora”) has filed a definitive proxy statement and accompanying GOLD proxy card with the Securities and Exchange Commission to be used to solicit withhold votes from the election of director candidates nominated by J. Alexander’s Holdings, Inc., a Tennessee corporation (the “Company”), at the Company’s upcoming 2019 annual meeting of shareholders.

 

On June 3, 2019, Ancora issued the following press release:

 

ANCORA ADVISORS URGES SHAREHOLDERS OF J. ALEXANDER’S TO WITHHOLD VOTES FROM DIRECTORS AT 2019 ANNUAL MEETING

Files Definitive Proxy Statement and Issues Investor Presentation in Connection with Withhold Campaign

Advocates JAX Shareholders to Send a Strong Message to the Board that Status Quo is Unacceptable 

Cleveland, OH – June 3, 2019 – Ancora Advisors, LLC, which beneficially owns approximately 8.76% of the outstanding shares of J. Alexander’s Holdings, Inc. (NYSE: JAX), making it one of the Company’s largest shareholders, announced that it has filed definitive proxy materials with the Securities and Exchange Commission. The definitive proxy materials urge J. Alexander’s shareholders to use the GOLD proxy card to WITHHOLD their votes from the election of Timothy Janszen and Ronald Maggard to the Board of Directors of J. Alexander’s at the 2019 Annual Meeting of Shareholders scheduled to be held on June 20, 2019.

In connection with the filing of its definitive proxy materials, Ancora issued a letter urging shareholders to send a clear message to the J. Alexander’s Board that the status quo is unacceptable and that the Board should immediately engage with Ancora on its proposal to acquire the Company for $11.75 per share in cash or otherwise run a strategic process focused on the sale of the Company. Ancora also issued a detailed investor presentation outlining the reasons for its withhold campaign.

Please click the following link to access the full letter and investor presentation: www.saratogaproxy.com/Ancora 

About Ancora Advisors

Ancora Holdings, Inc. is an employee owned, Cleveland, Ohio based holding company which wholly owns three separate and distinct SEC Registered Investment Advisers, Ancora Advisors, LLC, Ancora Family Wealth Advisors, LLC and Ancora Retirement Plan Advisors, Inc. and Inverness Securities LLC, a broker dealer. Ancora Advisors, LLC specializes in customized portfolio management for individual investors, high net worth investors, investment companies (mutual funds), pooled investments (hedge funds/investment limited partnerships), and institutions such as pension/profit sharing plans, corporations, charitable and “Not-for Profit” organizations, and unions. Ancora Family Wealth Advisors, LLC is a leading, regional investment and wealth advisor managing assets on behalf of families and high net-worth individuals. Ancora Retirement Plan Advisors, Inc. specializes in providing non-discretionary investment guidance for small and midsize employer sponsored retirement plans.

Investor Contact

John Ferguson

Saratoga Proxy Consulting LLC

(212) 257-1311

info@saratogaproxy.com