Public statements.
Public numbers.
Judge for yourself.

Updated 2 October 2026. Every figure on this site is cited to a public source. Share prices as at 2 October 2026 close.

Since 2022, BrainChip's Chairman and CEO have given shareholders confident statements at every AGM. This site sets out what was said, on the record, against what the company's own AGM addresses, ASX filings and financial statements show. No private information. Nothing you couldn't look up yourself.

From Steve Liebeskind and Neil Rinaldi

BrainChip has world-class technology and talented people. We believe the results delivered to shareholders have not matched that potential, and that renewal at Board level is needed.

Since our lawyers' letter of 18 August 2026 and the company's lawyers' reply, we have had no formal communication with any BrainChip director or executive. As a result, we are considering formal action that would ask shareholders to remove three non-executive directors and elect two candidates as non-executive directors. Under the Corporations Act, shareholders holding at least 5% of the votes can require the directors to call a general meeting. Whether this step can be taken depends on the support of shareholders who together hold at least 5%; at this stage it is being considered, not decided. We remain open to direct dialogue with the Board.

This is not a call to change management, staff or Peter van der Made, who is excluded from this action. It concerns three non-executive Board seats only.

Everything on this site is drawn from public sources: the company's annual reports, ASX announcements, AGM addresses, press releases and, in some cases, its social media posts, cited by date so you can check each one yourself. We ask one thing. Read the record, then make up your own mind.

— Steve Liebeskind and Neil Rinaldi, long-term BrainChip shareholders

The case in four numbers

Figures in US$ unless noted

US$8.8m
Total revenue, FY2022 to 30 June 2026
Four financial years plus the June 2026 half-year
206% of revenue
Remuneration of the six current directors, including the CEO, FY2022 to FY2025
Of FY2022–FY2025 revenue (US$7.6m); includes the CEO’s executive remuneration and the accounting value of share awards
▼ 81.6%
Share price, 31 December 2021 close to 2 October 2026
A$0.68 to A$0.125
4
Consecutive years with 25% or more of votes against the remuneration report
Two board spill votes

Source: BrainChip annual reports FY2021–FY2025 and Half-Year Report to 30 June 2026; AGM voting results as announced to the ASX, 2023–2026; share price per ASX market data. Board remuneration for 2026 is not disclosed in the half-year report and will be added when the FY2026 annual report is published.

Where to start

In the order we suggest reading them.

1The Recordwhat was said, and what happened 2The Numbersthe financial evidence, in tables 3The Candidatesthe alternative being proposed (full profiles coming soon) 4Kevin's WorkAkida demonstrations by candidate Kevin D. Johnson (coming soon) 5Resourcesevery source document, linked 6Common questionsstraight answers to what shareholders are asking

Count me in

If you agree with what this site sets out, tell us you would support the candidates if a meeting is called. This is not a vote, a proxy or a binding commitment. It is not a request to sign anything, and it is not counted toward any request for a meeting. You can withdraw at any time.

Keep me informed

Receive updates as things develop: key dates, any meeting documents and the source materials.

One ask: stay informed.

If a meeting is called, the date and voting details will be published here. Leave your details and we'll send them to you directly.

Start with The Record