8-K

ACORN ENERGY, INC. (ACFN)

8-K 2023-09-13 For: 2023-09-12
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Added on April 06, 2026

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


Dateof Report (Date of earliest event reported) September 12, 2023

ACORN

ENERGY, INC.

(Exactname of Registrant as Specified in its Charter)

Delaware 001-33886 22-2786081
(State<br> or Other Jurisdiction (Commission (IRS<br> Employer
of<br> Incorporation) file<br> Number) Identification<br> No.)
1000<br> N West St., Suite 1200, Wilmington, Delaware 19801
--- ---
(Address<br> of Principal Executive Offices) (Zip<br> Code)

Registrant’s telephone number, including area code (410) 654-3315

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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting<br> material pursuant to Rule 14a-2 under the Exchange Act (17 CFR 240.14a-2)
Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement<br> 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<br> of each class Trading<br> Symbol(s) Name<br> of each exchange on which registered
None

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 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the 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. ☐

Item5.07 Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Stockholders of Acorn Energy, Inc. was held September 12, 2023. Set forth below are the voting results with respect to each of the proposals presented at the Annual Meeting:

Proposal1 – The stockholders elected, by a plurality of the votes cast, Jan H. Loeb, Gary Mohr, Michael F. Osterer, Peter Rabover and Samuel M. Zentman to the Board of Directors to serve until the Annual Meeting of Stockholders in 2024 and until their successors are duly elected and qualified.

Name of Nominee Total Votes For Total Votes Withheld Broker Non-Votes
Jan<br> H. Loeb 16,255,641 343,648.10 12,047,864
Gary<br> Mohr 16,245,230 354,059.10 12,047,864
Michael<br> F. Osterer 16,245,130 354,159.10 12,047,864
Peter<br> Rabover 16,393,691 205,598.10 12,047,864
Samuel<br> M. Zentman 15,909,931 689,358.10 12,047,864

Proposal2 and Proposal 3 – The Board of Directors authorized and completed a 1-for-16 reverse stock split, which was effective with the opening of the OTCQB market on September 8, 2023, pursuant to the authority given to them by the stockholders at last year’s annual meeting. In light of that, Proposal 2 and the related Proposal 3 were withdrawn and were not voted on.

Proposal4 – The stockholders ratified by the affirmative vote of a majority of the votes cast on the proposal, the appointment by the Audit Committee of Marcum LLP as the independent registered public accounting firm for the year ending December 31, 2023.

Total Votes For Total Votes Against Total Abstained Broker Non-Votes
28,132,863.10 422,224 92,066 0

Proposal5 – The stockholders approved, in a non-binding advisory vote, the compensation of the Company’s named executive officers.

Total Votes For Total Votes Against Total Abstained Broker Non-Votes
15,910,072 677,831.10 11,386 12,047,864

Proposal6 – The stockholders approved, in a non-binding advisory vote, a frequency of every year for the non-binding advisory vote on the compensation of the Company’s named executive officers.

Every Year Every 2 Years Every 3 Years Total Abstained Broker Non-Votes
16,052,730 77,150 422,232 47,177.10 12,047,864

In light of such result on Proposal 6, the Company will continue to include an advisory stockholder vote on the compensation of the Company’s named executive officers in its proxy materials every year.


Item9.01 Financial Statements and Exhibits.


(d)Exhibits

104 Cover<br> Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 13th day of September, 2023.

ACORN<br> ENERGY, INC.
By: /s/ Tracy S. Clifford
Name: Tracy<br> S. Clifford
Title: Chief<br> Financial Officer