Leadership
BEACN Shareholders Re-Elect Five Directors and Back Incentive Plan at November 10 Meeting
By News Desk ·
Key takeaways
- BEACN shareholders re-elected Craig Fraser, Daniel Davies, Kevin Alexander, Scott Christopher and Charles Huang as directors on November 10, 2026.
- Davidson & Company LLP continues as BEACN's auditor, with remuneration to be fixed by the directors.
- Shareholders approved a rolling incentive plan of up to 10% stock options and a fixed 3,000,000 security-based compensation.
BEACN Wizardry & Magic Inc. shareholders re-elected Craig Fraser, Daniel Davies, Kevin Alexander, Scott Christopher and Charles Huang as directors at the company's annual general and special meeting in Victoria, British Columbia, on November 10, 2026. TradingView reported that all matters put to shareholders were approved.
BEACN's Board Vote and Auditor Appointment
Alexander, who is also BEACN's chief executive officer, said after the vote: "I'm happy to continue working with the other directors of BEACN as we continue our growth and innovation in the market. This is a year of great challenges and changes in the market, and I am pleased to be working with this dedicated team."
Shareholders appointed Davidson & Company LLP, Chartered Professional Accountants, to continue as the company's auditors for the ensuing year, at a remuneration the directors will fix. The same meeting approved BEACN's incentive plan, which carries rolling stock options of up to 10% and a fixed 3,000,000 security-based compensation.
BEACN is a Victoria-based consumer electronics company that makes audio equipment and peripherals for gamers, live streamers and content creators, and its shares trade on the TSXV under the symbol BECN.
BEACN's Funding and Leadership Records
According to akta.pro company records, BEACN's leadership includes Alexander as chief executive officer, Derek Sobel as chief financial officer and Craig Fraser as chief product officer. The same records list five funding rounds, including a post-IPO equity round of $501,429 in December 2025 and a debt-funded round of $78,700 in June 2026, with total funding of $1.9 million.
BEACN's Path to the November 10 Vote
BEACN said in October 2026 that it would hold its annual general meeting on November 10, 2026, at its office in Victoria, British Columbia, according to The future of trading. In August 2026, FinancialContent Business Page reported that BEACN filed its second-quarter 2026 financial statements and MD&A, showing a 34% revenue drop and a 28% gross profit decline year over year, with gross margin rising to 44%. Tipranks reported the same month that the results were driven by inventory shortages and lost EU direct-to-consumer sales, while gross margins improved to 44%.