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Valor Energy Inc 8-K, filed Nov 4, 2020

Valor Energy Inc (VAI)

8-K 2020-11-04 For: 2020-10-29
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Added on April 11, 2026

About this 8-K

Valor Energy Inc filed this 8-K on November 4, 2020, reporting on events of October 29, 2020.

Items reported

  • Item 5.07: Shareholder vote results

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of TheSecurities Exchange Act of 1934


Date of Report (Date of earliest event reported): November4, 2020 (October 29, 2020)

SENMIAO TECHNOLOGY LIMITED
(Exact name of registrant as specified in its charter)
Nevada 001-38426 35-2600898
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(State or other jurisdiction<br><br>of incorporation) (Commission File Number) (IRS Employer<br><br>Identification No.)
16F, Shihao Square, Middle Jiannan Blvd.<br><br> <br>High-Tech Zone, Chengdu<br><br> <br>Sichuan, People’s Republic of China ****<br><br> <br>610000
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(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: +86 28 88678707

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)
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¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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, par value $0.0001 per share AIHS The 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 x

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 toa Vote of Security Holders.

On October 29, 2020, Senmiao Technology Limited (the “Company”) held its 2020 annual meeting of stockholders (the “Annual Meeting”) at its principal executive offices. Of the 43,358,818 shares entitled to notice of and to vote at the Annual Meeting, 30,201,862 shares (or 69.7% of the total shares) of common stock of the Company were represented at the Annual Meeting. Set forth below are the proposals of matters acted upon by the stockholders at the Annual Meeting and the final voting results of each such proposal.

PROPOSAL 1 – ELECTION OF DIRECTORS

Stockholders were asked to consider and vote upon the election of Xi Wen, Trent D. Davis, Xiaojuan Lin, Sichun Wang and Jie Gao to serve as directors of the Company, each to hold office until the 2021 annual meeting of stockholders or until their successors are elected and qualified or until their earlier deaths, resignations or removals. The voting results are as follows:

For Withheld Broker Non-Votes
Xi Wen 19,366,496 134,699 10,700,667
Trent D. Davis 19,234,452 266,743 10,700,667
Xiaojuan Lin 19,209,154 292,041 10,700,667
Sichun Wang 19,227,248 273,947 10,700,667
Jie Gao 19,335,580 165,615 10,700,667

PROPOSAL 2 – RATIFICATION OFTHE APPOINTMENT OF THE COMPANY’S REGISTERED PUBLIC ACCOUNTING FIRM


Stockholders were asked to consider and vote upon a proposal to ratify the appointment of Friedman LLP as the Company’s registered public accounting firm for the fiscal year ending March 31, 2021. The voting results are as follows:

For Against Abstain
29,705,541 276,156 220,165

PROPOSAL 3 – AMENDMENT TO THECOMPANY’S ARTICLES OF INCORPORATION TO AFFECT A REVERSE STOCK SPLIT

Stockholders were asked to consider and vote upon a proposal to authorize the Board of Directors to effect a reverse stock split of the Company’s outstanding shares of common stock in a ratio of between one-for-five and one-for-ten, in its sole discretion, without further stockholder approval, by amending the Company’s Articles of Incorporation, as amended, at any time prior to the Company’s 2021 annual meeting of stockholders. The voting results are as follows:

For Against Abstain
27,838,415 2,294,804 68,643

SIGNATURE

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.

Dated: November 4, 2020 SENMIAO TECHNOLOGY LIMITED
By: /s/ Xi Wen
Name: Xi Wen
Title: Chief Executive Officer