Company: EHSI
Filing Date: 2025-09-02
Form Type: PRE 14A
Source: 0001437749-25-028137
Chunk: 51

Company: Elite Health Systems Inc.
Filing Date: 2025-09-02
Form: PRE 14A
Chunk 51
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, subject, in certain circumstances, to certain materiality and other thresholds. |
| ● | performance by Buyer or Sellers, in all material respects, of all of such party's obligations covenants under the Acquisition Agreement;                                        |

VOTE REQUIRED; RECOMMENDATION OF THE COMPANY BOARD

Proposal Four will be approved if both:

| i. | a quorum exists, and |

| ii. | the votes cast favoring this proposal exceed the votes cast opposing this proposal, excluding for such determination outstanding shares of the Company’s common stock beneficially owned, directly or indirectly, by (1) Dr. Prasad Jeereddi, (2) any stockholder of PSS, (3) any “immediate family member” (as defined in Item 404 of Regulation S-K) of any individual listed in the foregoing clauses (1)-(2), and (4) any “affiliate” or “associate” (as defined in Section 12b-2 of the Exchange Act) of any person listed in the foregoing clauses (1)-(3). |

<div align='center'>29</div>

THE SPECIAL COMMITTEE OF THE BOARD UNANIMOUSLY RECOMMENDS A VOTE“FOR”THIS PROPOSAL FOUR TO APPROVE THE ISSUANCE OF SHARES OF THE COMAPNY’S COMMON STOCK PURSUANT TO THE TERMS OF THE ACQUISITION AGREEMENT.

Unless otherwise instructed, it is the intention of the persons named in the accompanying proxy card to vote shares represented by properly executed proxy cards “FOR” the approval the issuance of shares of Elite common stock pursuant to the terms of the Acquisition Agreement.

<div align='center'>PROPOSAL FIVE: RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS</div>

The Board, upon the recommendation of the Audit Committee, has appointed the firm of Mercurius & Associates, LLP (“Mercurius”) as independent auditors to audit our financial statements for the year ending December 31, 2025, and has further directed that management submit the selection of independent public accountants for ratification by the stockholders at the Meeting. We expect that representatives of Mercurius will be present at the Meeting, with the opportunity to make a statement if they so desire, and will be available to respond to appropriate questions.

Stockholder ratification of the selection of Mercurius as our independent auditors is not required by our Bylaws or otherwise. However, the Board is submitting the selection of Mercurius to the stockholders