FUEL TECH, INC.

(FTEK)
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Delayed Nasdaq  -  10:48 2022-08-19 am EDT
1.273 USD   -3.58%
08/11TRANSCRIPT : Fuel Tech, Inc., Q2 2022 Earnings Call, Aug 11, 2022
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08/10FUEL TECH : REPORTS 2022 SECOND QUARTER FINANCIAL RESULTS - Form 8-K
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08/10FUEL TECH, INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
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FUEL TECH, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)

06/03/2022 | 04:04pm EDT

Item 5.07. Submission of Matters to a Vote of Security Holders.

On June 2 2022, Fuel Tech, Inc., a Delaware corporation (the "Company") held its Annual Meeting of Stockholders, at which the stockholders voted upon: (a) the election of Vincent J. Arnone, Douglas G. Bailey, Sharon L. Jones and Dennis L. Zeitler to the Company's Board of Directors until the Company's next Annual Meeting of Stockholders or until they resign or their respective successors are duly elected and qualified; (b) the ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm; and (c) an advisory vote on executive compensation.

The stockholders elected all four directors, approved the ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm and approved, on an advisory, non-binding basis, the Company's executive compensation.

The number of votes cast for or against (or withheld) and the number of abstentions and broker non-votes with respect to each matter voted upon, as applicable, are set forth below.

Proposal 1: Election of Directors


Director          For        Withheld  Broker Non-Votes
Vincent J. Arnone 10,519,764 765,688   6,890,997
Douglas G. Bailey 9,021,226  2,264,226 6,890,997
Sharon L. Jones   10,658,194 627,258   6,890,997
Dennis L. Zeitler 10,724,241 561,211   6,890,997



Proposal 2: Ratification of RSM US LLP as the Company's independent registered public accounting firm


For        Against Abstain
17,931,535 163,457 81,437



Proposal 3: Advisory vote on executive compensation


For        Against Abstain Broker Non-Votes
10,272,981 913,011 99,460  6,890,997

© Edgar Online, source Glimpses

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Analyst Recommendations on FUEL TECH, INC.
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Financials (USD)
Sales 2022 24,3 M - -
Net income 2022 -2,99 M - -
Net Debt 2022 - - -
P/E ratio 2022 -13,2x
Yield 2022 -
Capitalization 40,0 M 40,0 M -
Capi. / Sales 2022 1,64x
Capi. / Sales 2023 1,32x
Nbr of Employees 73
Free-Float 75,1%
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Number of Analysts 1
Last Close Price 1,32 $
Average target price 4,00 $
Spread / Average Target 203%
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Managers and Directors
Vincent J. Arnone Chief Financial Officer, Treasurer & VP
Ellen T. Albrecht Chief Financial Officer, Treasurer & VP
Douglas G. Bailey Independent Director
Dennis L. Zeitler Independent Director
Sharon L. Jones Independent Director
Sector and Competitors