8-K

HYDROFARM HOLDINGS GROUP, INC. (HYFM)

8-K 2024-06-10 For: 2024-06-06
View Original
Added on April 05, 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

Date of report (Date of earliest event reported): June 6, 2024

Hydrofarm Holdings Group, Inc.

(Exact name of registrant as specified in its charter)

Delaware 001-39773 81-4895761
(State or other jurisdiction of<br>incorporation or organization) (Commission<br>File Number) (I.R.S. Employer<br>Identification No.)

1510 Main Street

Shoemakersville, PA 19555

(Address of Principal Executive

Offices) (Zip Code)

Registrant’s telephone number, including area code: (707) 765-9990

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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, $0.0001 par value per share HYFM Nasdaq Stock Market LLC

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. ¨

Item 5.07 Submission of Matters to a Vote of Stockholders.

On June 6, 2024, Hydrofarm Holdings Group, Inc. (the “Company”) held its 2024 annual meeting of stockholders (the “Annual Meeting”) via live webcast on the Internet. Of the 45,978,365 shares of common stock issued and outstanding and eligible to vote as of the record date of April 10, 2024, a quorum of 27,101,318 shares, or 58.94% of the eligible shares, was present at the Annual Meeting or represented by proxy.

The following actions were taken at the Annual Meeting:

1.The following nominees were reelected to serve on the Company's board of directors (the "Board") as Class I Directors until the 2027 annual meeting of stockholders, based on the following votes:

NAME FOR WITHHELD BROKER NON-VOTES
Patrick Chung 14,289,106 2,105,225 10,706,987
William Toler 16,051,072 343,259 10,706,987

2.An amendment to the Company's Amended and Restated Certificate of Incorporation to provide the Board the authority, but not the requirement, to effect a reverse stock split of the Company's outstanding common stock at a ratio between 1-for-1.1 and 1-for-25 (or any number in between) was approved based on the following votes:

FOR AGAINST ABSTAIN
25,226,557 1,722,499 152,262

3.The compensation of the Company’s named executive officers was approved on an advisory basis, based on the following votes:

FOR AGAINST ABSTAIN BROKER NON-VOTES
15,420,220 876,236 97,875 10,706,987

4.The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified, based on the following votes:

FOR AGAINST ABSTAIN
26,782,935 279,214 39,169

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.

Hydrofarm Holdings Group, Inc.
Date: June 10, 2024 By: /s/ William Toler
Name: William Toler
Title: Chief Executive Officer