Item 5.07 Submission of Matters to a Vote of Security Holders.
OnDecember 19, 2022 ,10:00 a.m. Beijing time,Ever-Glory International Group, Inc. , (the "Company") held its 2022 annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, a majority of the Company's shares of common stock represented at the Annual Meeting and voting on each proposal voted to approve the following proposals:
1. To elect
Zhang as directors to serve for a one-year term that expires at the next annual meeting of stockholders, or until their successors are elected and qualified or until their earlier resignation or removal;
2. To ratify the appointment of
auditor to audit the financial statements for the fiscal year ended on
ended onSeptember 30, 2021 ; and 3. To approve the Company's termination (the "De-Registration") of the registration of the Company's common stock under Section 12(g) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") and suspend
the Company's duty to file periodic reports and other information with the
from the NASDAQ Global Market ("Go-Dark").
All matters voted on at the Annual Meeting were approved as recommended by the Board of Directors of the Company.
The number of votes cast for or against and the number of abstentions and broker non-votes with respect to each proposal, as applicable, is set forth below.
The
Company's inspector of election reported the final vote of the stockholders as follows: For Against Withheld Abstain Election of Directors EDWARD YIHUA KANG 10,800,420 0 3,629 0 JIAJUN SUN 10,800,426 0 3,623 0 MERRY TANG 10,683,926 0 120,123 0 JIANHUA WANG 10,683,924 0 120,125 0 ZHIXUE ZHANG 10,641,034 0 163,015 0 Ratification of Appointment of Independent registered public accounting firm 10,801,692 517 0 1,840 Approval of De-Registration and Go-Dark 10,622,747 180,132
0 1,170 Item 8.01 Other Events As previously disclosed, the Board of the Company has authorized a stock repurchase program pursuant to which the Company may repurchase up to$3.5 million of the Company's outstanding common stock, which should end on the earlier of (i) the date that the aggregate value of the repurchased shares of common stock reaches$3.5 million ; (ii) the date when the registration of the Company's common stock is terminated under Section 12(g) of the Exchange Act; or (iii) the date when the Company's duty to file periodic reports and other information with theSEC is suspended under Section 15(d) thereunder. As of the date of this report, the Company has repurchased approximately 38,000 shares of common stock.
On
The Company filed a Form 25 on
The Company's common stock will begin trading on the OTC Pink starting on
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