Item 5.07 Submission of Matters to a Vote of Security Holders
(1) Approve the Services Agreement (the "Services Agreement") whereby
For Against Abstain 16,796,302 368,806 36,647
(2) Approve an amendment of the Company's articles of incorporation to increase the number of authorized shares of common stock from 50,000,000 to 150,000,000. This matter was determined based on majority of the shares outstanding.
For Against Abstain 16,349,766 830,667 21,322
(3) Approve, for purposes of complying with NASDAQ Listing Rule 5635(b), the issuance of the Shares pursuant to the Services Agreement entered between the Company, Sadot and Aggia representing more than 20% of our common stock outstanding, which would result in a "change of control" of the Company under applicable Nasdaq listing rules. This matter was determined based on majority of the shares cast.
For Against Abstain 16,691,234 463,936 46,585
(4) Approve, for purposes of complying with NASDAQ Listing Rule 5635(c), the issuance of up to 14,424,275 Shares of Common Stock to Aggia pursuant to the Services Agreement and net income generated thresholds. This matter was determined based on majority of the shares cast.
For Against Abstain 16,685,959 483,624 32,172
(5) Approve the right of Aggia to nominate up to eight directors to the Board of Directors subject to achieving net income thresholds as set forth in the Services Agreement. This matter was determined based on majority of the shares cast.
For Against Abstain 16,597,809 532,822 71,124
(6) Approve the adoption of the 2023 Equity Incentive Plan. This matter was determined based on majority of the shares cast.
For Against Abstain 16,410,793 691,696 99,266
© Edgar Online, source