What's a NOBO as stated...'Understanding a Non-Objecting Beneficial Owner (NOBO) A beneficial owner of a security is someone who has a security held by a financial intermediary. This tends to be the individual's broker, or, in some cases, it may be another financial intermediary the person is associated with. An objecting beneficial owner (OBO) instructs the financial intermediary who holds the securities to not provide the owner's name and personal information to the company that issued the securities. A non-objecting beneficial owner (NOBO) agrees to allow their personal information to be released to the company. When you set up your account with a broker, you will often have the choice as to whether or not you would like your information released to the companies in which you purchase shares. Companies and issuers request this personal information so that they can contact the shareholder regarding important shareholder communications (such as proxies, circulars for rights offerings, and annual/quarterly reports). A non-objecting beneficial owner will receive these items since they have allowed their information to be released.'