Form 8-K - Current report
October 16 2023 - 3:05PM
Edgar (US Regulatory)
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2023-10-13
2023-10-13
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (date of earliest event reported): October
13, 2023
Expion360
Inc.
(Exact
name of registrant as specified in its charter)
Nevada |
|
001-41347 |
|
81-2701049 |
(State
or other jurisdiction of |
|
(Commission |
|
(I.R.S.
Employer |
incorporation
or organization) |
|
File
Number) |
|
Identification
No.) |
2025
SW Deerhound Avenue |
|
|
Redmond,
OR |
|
97756 |
(Address
of principal executive offices) |
|
(Zip
Code) |
(541)
797-6714
(Registrant's
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Common
Stock, $0.001 par value |
|
XPON |
|
Nasdaq Capital
Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging
growth company [X]
If
an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| 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.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
|
Expion360 INC. |
|
|
|
Date:
October 16, 2023 |
By: |
/s/
Brian Schaffner |
|
|
Name:
Brian Schaffner |
|
|
Title:
Chief Executive Officer |
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