UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No. )
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NVE Corporation
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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 | 11409 Valley View Road
Eden Prairie, MN 55344-3617
www.nve.com |
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
Fellow Shareholders:
The Annual Meeting of Shareholders of NVE Corporation will be held via telephone on Thursday, August 5, 2021 at 3:30 p.m. Central Daylight Time, for the following purposes:
| | 1. | Elect five directors.
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| 2. | Advisory approval of named executive officer compensation.
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| 3. | Ratify the selection of Boulay PLLP as our independent registered public accounting firm for the fiscal year ending March 31, 2022.
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| 4. | Consider and act on such other business as may properly come before the meeting or any adjournment or postponements of the meeting. |
These items of business are more fully described in the proxy statement. The Board of Directors recommends a vote FOR each of the Director nominees, and FOR Proposals 2 and 3. Only shareholders of record at the close of business on the record date of June 11, 2021 are entitled to execute proxies or to vote at the 2021 Annual Meeting.
Our Proxy Materials include our 2021 Proxy Statement, our 2021 Letter to Shareholders, and our Annual Report on Form 10-K for the year ended March 31, 2021.
This Notice is being sent with paper copies of our Proxy Materials to registered shareholders, that is those whose shares were registered directly in shareholders’ names with our transfer agent as of the record date. “Street-name” shareholders, those whose shares are held in the name of a bank or broker on the shareholders’ behalf, are being sent a Notice of Internet Availability of Proxy Materials. Street-name shareholders must request paper copies of our Proxy Materials.
Our 2021 Proxy Statement includes instruction on how to listen or participate in the 2020 Annual Meeting and how to view product demonstrations.
| Sincerely, |
Curt A. Reynders | |
| Chief Financial Officer and Secretary |
June 21, 2021
