Current Report Filing (8-k)
December 20 2018 - 6:05AM
Edgar (US Regulatory)
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 19, 2018
DRAPER
OAKWOOD TECHNOLOGY ACQUISITION, INC.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
001-38204
|
|
82-139674
|
(State
or Other Jurisdiction
of
Incorporation)
|
|
(Commission File
Number)
|
|
(IRS
Employer
Identification
Number)
|
c/o
Draper Oakwood Investments, LLC
55
East 3
rd
Ave.
San
Mateo, CA 94491
(Address
of principal executive offices)(Zip Code)
Registrant’s
telephone number, including area code:
(713) 213-7061
N/A
(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)
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☐
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Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
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☐
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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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☐
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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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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
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Submission of Matters to a Vote of Security Holders.
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On
December 19, 2018, Draper Oakwood Technology Acquisition, Inc., a Delaware corporation (the “
Company
” or “
Draper
Oakwood
”), held a special meeting of stockholders (the “
Special Meeting
”) with respect to its previously
announced business combination (the “
Business Combination
”) with Reebonz Limited, a Singapore company (“
Reebonz
”).
At the Special Meeting, a total of 5,633,726 (74.37%) of the Company’s issued and outstanding shares of common stock held
of record as of December 5, 2018, the record date for the Special Meeting, were present by proxy, which constituted a quorum.
The
Company’s stockholders voted on the following proposals at the Special Meeting, each of which were approved. The final vote
tabulation for each proposal is set forth below.
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1.
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To approve the Business
Combination Agreement, dated as of September 4, 2018, by and among the Company, DOTA Holdings Limited, a Cayman Islands exempted
company (“
Holdco
”), Reebonz and the other parties thereto, and approve the transactions contemplated thereby:
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Votes
For
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Votes
Against
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Abstentions
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Broker
Non-Votes
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5,508,160
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125,566
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0
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0
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2.
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To approve the adoption
of the 2018 Omnibus Equity Incentive Plan, the 2018 Reebonz Share Option Plan and the Management Performance Plan of Holdco:
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a.
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the 2018 Omnibus
Equity Incentive Plan
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Votes
For
|
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Votes
Against
|
|
Abstentions
|
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Broker
Non-Votes
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5,592,561
|
|
41,165
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|
0
|
|
0
|
|
b.
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the 2018 Reebonz
Share Option Plan
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Votes
For
|
|
Votes
Against
|
|
Abstentions
|
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Broker
Non-Votes
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5,592,561
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|
41,165
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|
0
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0
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c.
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the Management Performance Plan
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Votes
For
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Votes
Against
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Abstentions
|
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Broker
Non-Votes
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5,592,561
|
|
41,165
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|
0
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|
0
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3.
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To approve, for
purposes of complying with applicable Nasdaq listing rules, the issuance of more than 20% of the Company’s issued and
outstanding common stock in financing transactions in connection with the Business Combination:
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Votes
For
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Votes
Against
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Abstentions
|
|
Broker
Non-Votes
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5,592,561
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|
41,165
|
|
0
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0
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On December 19, 2018, Draper
Oakwood issued a press release announcing the consummation of the Business Combination. A copy of the press release
is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01
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Financial Statements and Exhibits.
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(d)
Exhibits
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: December 19, 2018
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Draper Oakwood Technology Acquisition,
Inc.
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By:
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/s/
Aamer Sarfraz
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Name:
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Aamer Sarfraz
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Title:
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Chief Executive Officer
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Draper Oakwood Technology Acquisition - Unit (delisted) (NASDAQ:DOTAU)
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