Expion Energy, Inc 8-K, filed Oct 16, 2023
Expion Energy, Inc. (XPON)
About this 8-K
Expion Energy, Inc filed this 8-K on October 16, 2023, reporting on events of October 13, 2023.
Items reported
- Item 5.07: Shareholder vote results
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| 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 | ||