American Shared Hospital Services filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

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Date of report (Date of earliest event reported): June 26, 2025

 

(Exact Name of Registrant as Specified in Its Charter)

 

 

Registrant’s telephone number, including area code: (415) 788-5300 

 

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:

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

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.          ☐

 

 

 

On June 26, 2025, American Shared Hospital Services (the "Company"), held its annual meeting of shareholders (the “Annual Meeting”). There was present in person or by proxy at the Annual Meeting shareholders voting 5,383,418 shares that represent 83.46% of the 6,450,144 shares outstanding and entitled to vote at the meeting which represented a quorum. Set forth below are the final voting totals as provided by Equiniti Trust Company, LLC the independent inspector of elections for the Annual Meeting.

 

 

 

 

All four individuals were elected to serve on the Board of Directors until the next annual meeting of shareholders.

 

Proposal Two: Advisory Vote on the Company’s Executive Compensation.

 

There were 4,128,625 votes for, 93,491 votes against, 29,706 votes abstained, and 1,131,596 broker non-votes. The votes ‘for’ constituted a majority of those voting in person or by proxy, and also represented at least a majority of the voting power required to constitute a quorum at the Annual Meeting.

 

Proposal Three: Advisory Vote on the Frequency of Advisory Votes on the Company’s Executive Compensation.

 

There were 2,597,142 votes for one year, 171,326 votes for two years, 1,457,905 votes for three years, and 25,449 votes abstained. In light of these voting results, the Company plans to hold future advisory votes on executive compensation annually until the next required vote on the frequency of such advisory votes, or until the Board of Directors of the Company otherwise determines that a different frequency is in the best interests of the Company and its shareholders.

 

 

There were 5,364,622 votes for, 17,111 votes against, 1,685 votes abstained, and no broker non-votes. The votes ‘for’ constituted a majority of those voting in person or by proxy, and also represented at least a majority of the voting power required to constitute a quorum at the Annual Meeting. Therefore, the Company’s shareholders approved the ratification of the appointment of Moss Adams LLP, which merged with, and was succeeded by, Baker Tilly US, LLP effective June 3, 2025, as the Company’s independent registered public accounting firm for the year ending December 31, 2025.

 

 

 

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.