OBLONG : Submission of Matters to a Vote of Security Holders - Form 8-K
December 04, 2023 at 04:09 pm EST
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Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company held its 2023 Annual Meeting of Stockholders (the "Annual Meeting") on December 4, 2023. As of October 27, 2023 (the "Record Date"), the Company had issued and outstanding and entitled to vote at the Annual Meeting 14,947,922 shares of the Company's Common Stock, par value $0.0001 per share ("Common Stock"), with each share entitled to one vote per share. Out of the shares of Common Stock issued and outstanding as of the Record Date and entitled to vote at the Annual Meeting, 5,285,579 (or approximately 35.36%) of such shares were present in person or represented by proxy at the Annual Meeting.
The proposals listed below were submitted to a vote of the Company's stockholders at the Annual Meeting. Pursuant to the voting results set forth below, (i) the five nominated directors were each elected to serve a one-year term expiring at the Company's 2024 Annual Meeting of Stockholders or until his/her successor is duly elected and qualified; (ii) EisnerAmper LLP was ratified as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023; (iii) an amendment to Article FOURTH of the Company's Amended & Restated Certificate of Incorporation to effect a reverse stock split of the Company's issued and outstanding shares of Common Stock by a ratio ranging from 1-for-10 to 1-for-45 was approved; and (iv) although enough votes were received to approve the proposal, the adjournment proposal was not necessary due to the presence of a quorum and the approval of the charter amendment proposal.
1. Election of the following persons to the Board of Directors of the Company to serve until the Company's next annual meeting of stockholders, or until their respective successors are duly elected and qualified.
Name
Votes For
Votes Withheld
Broker Non-Votes
Jason Adelman
1,669,876
179,273
0
Peter Holst
1,660,558
188,591
0
Jonathan Schechter
1,662,010
187,139
0
Robert Weinstein
1,576,259
272,890
0
Deborah Meredith
1,661,777
187,372
0
2. Ratification of the appointment of EisnerAmper LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.
Votes For
Votes Against
Votes Abstain
Broker Non-Votes
4,902,822
336,512
46,245
0
3. Approval of an amendment to Article FOURTH of the Company's Amended & Restated Certificate of Incorporation to effect a reverse stock split of the Company's issued and outstanding shares of common Stock by a ratio ranging from 1-for-10 to 1-for-45.
Votes For
Votes Against
Votes Abstain
Broker Non-Votes
4,370,990
910,471
4,118
0
4. Approval of adjournment of the Annual Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated votes at the time of the Annual Meeting, there are insufficient shares represented to constitute a quorum or to approve the charter amendment proposal.
Oblong Inc. published this content on 04 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2023 21:07:43 UTC.
Oblong Inc. is a provider of patented multi-stream collaboration products and managed services for video collaboration and network solutions. The Companyâs flagship product is called Mezzanine, a family of turn-key products that enable dynamic and immersive visual collaboration across multi-users, multi-screens, multi-devices and multi-locations. Mezzanine allows multiple people to share, control and arrange content simultaneously, from any location, enabling all participants to see the same content in its entirety at the same time in identical formats, resulting in enhancements to both in-room and virtual videoconference presentations. The Company has two segments: Collaboration Products and Managed Services. Collaboration Products segment represents the Oblong Industries business surrounding its Mezzanine product offerings. Managed Services segment represents the Oblong business surrounding managed services for video collaboration and network solutions.
OBLONG, INC. 
