Freight Technologies Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On December 13, 2024, 2:00 pm EST, Freight Technologies, Inc. (the “Company”) held its Annual Meeting of Shareholders (the “Annual Meeting”). A total of 898,724 ordinary shares or 44.82% of the issued and outstanding ordinary shares constituting a quorum, were represented in person or by valid proxies at the Annual Meeting. The final results for each of the matters submitted to a vote of shareholders at the Annual Meeting, as set forth in the Proxy Statement, filed with the Securities and Exchange Commission on October 28, 2024, are as follows:
Proposal 1: The Company’s shareholders elected each of the following five nominees as directors, to serve until the next Annual Meeting of Stockholders and until his/her respective successor is elected and duly qualified, by the following vote:
| NOMINEES | FOR | AGAINST | WITHHELD | BROKER NON-VOTE | ||||||||||||
| 1. Javier Selgas | 323,786 | 69,325 | 9,313 | 496,224 | ||||||||||||
| 2. Nicholas H. Adler | 331,363 | 61,805 | 9,256 | 496,224 | ||||||||||||
| 3. William Samuels | 330,337 | 62,764 | 9,323 | 496,224 | ||||||||||||
| 4. Marc Urbach | 330,764 | 62,339 | 9,321 | 496,224 | ||||||||||||
| 5. Paul Freudenthaler | 330,590 | 62,462 | 9,372 | 496,224 | ||||||||||||
Proposal 2: The Company’s shareholders voted to ratify the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 by the following vote:
| FOR | AGAINST | ABSTAIN | ||||||||
| 635,688 | 258,651 | 4,309 | ||||||||
Proposal 3: The Company’s shareholders voted to ratify the amendment to the amended and restated memorandum and articles of association of the Company (the “M&A”) to provide that the ordinary shares shall have no par value.
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | |||||||||||
| 299,831 | 96,864 | 5,729 | 496,224 | |||||||||||
Proposal 4: The Company’s shareholders voted to approve the proposed amendment to the M&A to reduce the quorum for a shareholder meeting from not less than 50% of the votes of the ordinary shares entitled to vote to one-third of the votes of the ordinary shares entitled to vote.
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | |||||||||||
| 286,098 | 105,617 | 10,709 | 496,224 | |||||||||||
Proposal 5: The Company’s shareholders conducted an advisory vote on the Company’s named executive officers.
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | |||||||||||
| 334,582 | 66,214 | 1,628 | 496,224 | |||||||||||
SIGNATURES
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: December 13, 2024 | Freight Technologies, Inc. | |
| /s/ Javier Selgas | ||
| Name: | Javier Selgas | |
| Title: | Chief Executive Officer | |