Expion360 : Submission of Matters to a Vote of Security Holders - Form 8-K
October 16, 2023 at 04:07 pm EDT
Share
Item 5.07
Submission of Matters to a Vote of Security Holders.
On October 13, 2023, Expion360 Inc. (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting") during which the Company's stockholders voted on three proposals. There were 6,910,717 shares of the Company's common stock, par value $0.001 per share ("Common Stock"), outstanding on August 21, 2023, the record date for the Annual Meeting. At the Annual Meeting, 4,416,898 shares of Common Stock were present in person or represented by proxy.
The following tables set forth the final results of the voting for the three proposals voted upon at the Annual Meeting. These matters are described in more detail in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on September 6, 2023 (the "Proxy Statement").
Proposal 1: The stockholders elected five directors who were nominated by the Board of Directors of the Company to serve as directors until the 2024 annual meeting of stockholders. The following sets forth the results of the voting with respect to each director nominee:
Name of Director
For
Withheld
Broker Non-Votes
George Lefevre
3,018,618
130,362
1,267,918
Tien Nguyen
3,090,376
58,604
1,267,918
Brian Schaffner
3,130,363
18,617
1,267,918
Paul Shoun
3,075,941
73,039
1,267,918
Steven Shum
3,065,827
85,153
1,267,918
Proposal 2: The stockholders approved an amendment to the Company's 2021 Incentive Award Plan to increase the number of shares of Common Stock authorized for issuance under the plan.. The following sets forth the results of the voting with respect to the proposal:
For
Against
Abstain
Broker Non-Votes
2,539,836
515,565
93,579
1,267,918
Proposal 3: The stockholders ratified the appointment of M&K CPAS, PLLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. The following sets forth the results of the voting with respect to the proposal:
For
Against
Abstain
Broker Non-Votes
4,324,643
43,377
48,878
--
No other matters were presented for consideration or stockholder action at the Annual Meeting.
Expion360 Inc. published this content on 16 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2023 20:06:25 UTC.
Expion360 Inc. designs, assembles, manufactures, and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles (RVs), marine applications and home energy storage products, with plans to expand into industrial applications. Its product offerings include some of the most dense and minimal-footprint batteries in the RV and marine industries. The Company is also developing the e360 Home Energy Storage. Its customers consisting of dealers, wholesalers, private label customers and original equipment manufacturers. It designs, manufactures, and distributes high-powered, lithium battery solutions using ground-breaking concepts. Its products provide numerous advantages for various industries that are looking to migrate to lithium-based energy storage.
EXPION360 INC. 
