Current Report Filing (8-k)
December 30 2020 - 06:05AM
Edgar (US Regulatory)
0001620179 false 0001620179 2020-12-29
2020-12-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):December
29, 2020
EXELA TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-36788 |
|
47-1347291 |
(State or other jurisdiction of
incorporation or organization)
|
|
(Commission File Number) |
|
(I.R.S. Employer
Identification Number)
|
2701 E. Grauwyler Rd.
Irving,
TX
|
|
75061 |
(Address of principal executive
offices) |
|
(Zip
Code) |
Company’s telephone number, including area code: (214)
740-6500
Securities registered pursuant to Section 12(b) of the
Act:
Title of Each Class |
|
Trading Symbol |
|
Name of Each Exchange on Which Registered |
Common Stock, Par Value $0.0001 per share |
|
XELA |
|
The Nasdaq Stock Market LLC |
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation to 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)
¨ 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))
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 or
Rule 12b-2 of the Securities Exchange Act of 1934.
¨ 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
The Annual Meeting of Shareholders of Exela Technologies, Inc.
(the “Company”) was held on December 29, 2020. At the Annual
Meeting, the Company’s shareholders voted on the following four
proposals and cast their votes as described below.
1. The
individuals listed below were elected at the Annual Meeting to
serve as directors of the Company until the annual meeting of
shareholders in 2023 and until their successors are duly elected
and qualified:
|
|
FOR |
|
|
WITHOLD
AUTHORITY |
|
|
BROKER
NON-VOTE |
|
PAR S. CHADHA |
|
|
91,400,752 |
|
|
|
3,036,192 |
|
|
|
- |
|
MARTIN P. AKINS |
|
|
91,456,087 |
|
|
|
2,980,857 |
|
|
|
- |
|
WILLIAM L. TRANSIER |
|
|
93,389,713 |
|
|
|
1,047,231 |
|
|
|
- |
|
2. A
management proposal to ratify the appointment of KPMG LLP as the
Company’s independent registered public accounting firm for the
year ending December 31, 2020 was approved.
FOR |
|
|
AGAINST |
|
|
ABSTAIN |
|
|
93,219,297 |
|
|
|
700,559 |
|
|
|
517,088 |
|
3. An
advisory resolution to approve executive compensation was
approved.
FOR |
|
|
AGAINST |
|
|
ABSTAIN |
|
|
90,314,642 |
|
|
|
3,753,729 |
|
|
|
368,573 |
|
4. The
adoption of an amendment the Company’s Restated Certificate of
Incorporation to effect a reverse split of the Company’s
outstanding common stock at a ratio in the range of 1-for-3 to
1-for-10, to be determined at the discretion of the Company’s Board
of Directors, was approved.
FOR |
|
|
AGAINST |
|
|
ABSTAIN |
|
|
89,034,888 |
|
|
|
5,354,238 |
|
|
|
47,818 |
|
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 29, 2020
|
Exela
Technologies, Inc. |
|
|
|
By: |
/s/ Erik L.
Mengwall |
|
|
Erik
Mengwall |
|
|
Secretary |