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): December 8, 2017

 

YANGTZE RIVER DEVELOPMENT LIMITED

(Exact name of registrant as specified in its charter)

 

Nevada   001-38062   27-1636887
(State or other jurisdiction of
incorporation or organization) 		  (Commission File Number)   (IRS Employer
Identification No.)

 

41 John Street, Suite 2A, New York, NY   10038
(Address of principal executive offices)   (Zip Code)

 

  (646) 861-3315  
  Registrant’s telephone number, including area code:  

 

  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 (see General Instruction A.2.below):

 

☐ 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 240.13c-4(c))

 

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 Security Holders.

 

On December 8, 2017 Beijing time (which is December 7, 2017 EST), Yangtze River Development Limited (the “ Company ”) held its 2017 annual meeting of stockholders (the “ Annual Meeting ”).  At the Annual Meeting, a majority of the Company’s shares of common stock represented at the Annual Meeting and voting on each proposal voted to approve the following proposals:

 

  1. To elect Xiangyao Liu, James Stuart Coleman, Zhanhuai Cheng, Yanliang Wu, Yu Zong, Harvey Leibowitz, Zhixue Liu, Tongmin Wang, Adam Goldberg, Daniel W. Heffernan and Zhihong Su as directors to serve for a one-year term that expires at the next annual meeting of stockholders, or until their successors are elected and qualified or until their earlier resignation or removal;

 

  2. To ratify the appointment of ZD CPA, Ltd. as the Company’s independent registered public accountants for fiscal year ending December 31, 2018;
     
  3. To consider and conduct a non-binding advisory vote on a proposal to approve the Company’s executive compensation; and
     
  4. To consider and conduct a non-binding advisory vote on a proposal regarding the frequency of advisory votes on executive compensation.

 

All matters voted on at the Annual Meeting were approved as recommended by the Board of Directors of the Company.  The number of votes cast for or against and the number of abstentions and broker non-votes with respect to each proposal, as applicable, is set forth below.  The Company’s inspector of election reported the final vote of the stockholders as follows:

 

    For     Against     Withheld     Abstain     Broker
Non-Votes 		 
Election of Directors                                        
Xiangyao Liu     146,808,528       47       -       2,500       661,856  
James Stuart Coleman     146,809,443       123       -       1,509       661,856  
Zhanhuai Cheng     146,795,584       6,585       -       8,906       661,856  
Yanliang Wu     146,773,532       6,584       -       30,959       661,856  
Yu Zong     146,766,826       6,885       -       37,364       661,856  
Harvey Leibowitz     146,651,450       128,666       -       30,959       661,856  
Zhixue Liu     146,802,114       47       -       8,914       661,856  
Tongmin Wang     146,651,873       150,293       -       8,909       661,856  
Adam Goldberg     146,773,255       35,320       -       2,500       661,856  
Daniel W. Heffernan     146,651,744       156,816       -       2,515       661,856  
Zhihong Su     146,651,868       156,693       -       2,514       661,856  
Ratification of Appointment of Independent registered public accounting firm     147,470,776       50       -       2,105       -  
Approval, by a non-binding vote, of the Company's executive compensation.     146,773,549       36,025       -       1,501       661,856  

   

    One year     Two Years     Three Years  
Approval, by a non-binding vote, of the frequency of future stockholder advisory votes relating to the Company's executive compensation.     243,710       1,254       146,565,611  

 

  1  

 

 

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.

 

  YANGTZE RIVER DEVELOPMENT LIMITED
   
Date: December 8, 2017 By: /s/ Xiangyao Liu
   

Xiangyao Liu

President & CEO

 

  2  

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