Addentax Group Corp 8-K/A, filed Apr 2, 2025
Addentax Group Corp. (ATXG)
About this 8-K/A
Addentax Group Corp filed this 8-K/A on April 2, 2025, reporting on events of March 31, 2025.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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EXPLANATORY NOTE
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the Annual Meeting, among other matters, the Company voted on a proposal regarding the Say-on-Frequency Vote. As previously disclosed in the Current Report, the stockholders of the Company selected the option to hold future stockholder votes on a non-binding advisory resolution on the compensation of the Company’s named executive officers (a “Say-on-Pay Vote”) every three (3) years. The final voting results for such proposal were as follows:
| One Year | Two Years | Three Years | Abstain | |||
| 14,166 | 805 | 1,672,598 | 344,975 |
There were 783,157 broker non-votes with respect to such proposal.
In light of and consistent with the votes cast with respect to such proposal, on April 1, 2025, the Board determined to hold a Say-on-Pay Vote every three (3) years until the next Say-on-Frequency Vote or until the Board otherwise determines that a different frequency for a Say-on-Pay Vote is in the best interests of the stockholders of the Company. The next Say-on-Frequency Vote is currently required to occur no later than the Company’s Annual Meeting of Stockholders for the fiscal year ended March 31, 2030.
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.
| Date: April 2, 2025 | Addentax Group Corp. | |
| By: | /s/ Hong Zhida | |
| Name: | Hong Zhida | |
| Title: | Chief Executive Officer | |