0001372183 false 0001372183 2022-04-22 2022-04-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares





Washington, D.C. 20549 









Date of Report (Date of Earliest Event Reported): April 22, 2022


NextPlay Technologies, Inc.

(Exact name of Registrant as specified in its charter) 


Nevada   001-38402   26-3509845
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.) 


1560 Sawgrass Corporate Parkway,

Suite 130, Sunrise, Florida

(Address of principal executive offices)   (Zip Code) 


Registrant’s telephone number, including area code: (954) 888-9779


Former name or former address, if changed since last report: N/A


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 240.13e-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,

par value $0.00001 per share

  NXTP   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


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 April 22, 2022, NextPlay Technologies, Inc. (the “Company”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”) in a virtual format. At the Annual Meeting, 40,996,841 of the Company’s 114,060,020 issued and outstanding shares of common stock entitled to vote, or approximately 36.0% as of the record date, February 24, 2022, were present or represented by proxy.


The proposals voted on at the Annual Meeting are more fully described in the Proxy Statement on Schedule 14A filed by the Company with the Securities and Exchange Commission (the “Commission”) on March 11, 2022, which information is incorporated by reference herein. The final voting results on the proposals presented for stockholder approval at the Annual Meeting were as follows:


Proposal No. 1: The Company’s stockholders elected ten directors, each to hold office until the Company’s next annual meeting of stockholders, or until their successors are duly elected and qualified, subject to prior death, resignation, or removal, as follows:






Votes For





Broker Non-Votes

Nithinan Boonyawattanapisut   36,668,268    3,372,349    956,224 
William Kerby   33,814,338    6,226,279    956,224 
Donald P. Monaco   33,960,154    6,080,463    956,224 
Athid Nanthawaroon   38,972,295    1,068,322    956,224 
Carmen L. Diges   33,998,080    6,042,537    956,224 
Komson Kaewkham   39,622,676    417,941    956,224 
Yoshihiro Obata   37,668,054    2,372,563    956,224 
Farooq Moosa   39,674,566    366,051    956,224 
Edward Terrence Gardner   37,687,597    2,353,020    956,224 
Todd Bonner   36,506,486    3,534,131    956,224 


Proposal No. 2: The Company’s stockholders ratified the appointment of TPS Thayer, LLC as the Company’s independent registered public accounting firm for the fiscal year ending February 28, 2022, as follows:


Votes For  



   Abstentions   Broker Non-Votes 
 40,733,758    119,897    143,186    0 





Proposal No. 3: The Company’s stockholders did not approve an amendment to the exercise price provisions of those warrants (the “Warrants”) issued in connection with a registered direct offering of the Company’s securities pursuant to that Stock Purchase Agreement entered into by and among the Company and certain investors on November 1, 2021, and specifically to remove the $1.97 floor price (the “Floor Price”) of the Warrants such that the exercise price of the Warrants may be reduced below the Floor Price in the event that the Company issues or enters into any agreement to issue securities for consideration less than the then current exercise price of the warrants (the “Warrant Amendment”), as follows:


Votes For  



   Abstentions   Broker Non-Votes 
 11,107,131    28,884,876    48,610    956,224 


As previously disclosed in the Current Report on Form 8-K filed by the Company with the Commission on November 3, 2021, the Company has agreed to hold a meeting of its stockholders every three months for so long as the Warrants remain outstanding to obtain stockholder approval of the Warrant Amendment.


Proposal No. 4: The Company’s stockholders voted to authorize the Company’s board of directors (the “Board”) to adjourn the Annual Meeting, in the Board’s discretion, to permit the Company’s Board to solicit additional proxies in favor of the proposals voted on at the Annual Meeting, as follows:


Votes For






   Broker Non-Votes 
 35,234,936    4,740,053    65,628    956,224 


The Board elected not to adjourn the Annual Meeting to a later date to solicit additional proxies in favor of the proposals voted on at the Annual Meeting.







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. 


Date: April 26, 2022 By: /s/ Nithinan Boonyawattanapisut
    Name: Nithinan Boonyawattanapisut
    Title: Co-Chief Executive Officer





NextPlay Technologies (NASDAQ:NXTP)
Historical Stock Chart
From Nov 2023 to Dec 2023 Click Here for more NextPlay Technologies Charts.
NextPlay Technologies (NASDAQ:NXTP)
Historical Stock Chart
From Dec 2022 to Dec 2023 Click Here for more NextPlay Technologies Charts.