Nexalin Technology Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Maters to a Vote of Security Holders.
The annual meeting (the “Annual Meeting”) of the stockholders of Nexalin Technology, Inc. (the “Company”) was convened at 10:00 a.m. Eastern time on August 26, 2024. Of the 10,586,562 shares of the Company’s common stock, par value $0.001 per share (the “common stock”), outstanding at the close of business on July 17, 2024, the record date for the Annual Meeting, 6,387,869 shares of common stock were present or represented by proxy at the Annual Meeting. At the Annual Meeting, the Company’s shareholders voted on the three proposals described below. The final voting results for each proposal are set forth below.
Proposal One: Election of five directors of the Company:
| Name | For | Against | Abstained | |
| Leslie Bernhard | 3,568,483 | 0 | 52,604 | |
| Mark White | 3,574,941 | 0 | 46,146 | |
| David Owens, M.D. | 3,561,825 | 0 | 59,262 | |
| Alan Kazden | 3,531,212 | 0 | 89,875 | |
| Ben V. Hu, M.D. | 3,531,626 | 0 | 89,461 |
Proposal Two: Approval of an amendment to the Company’s 2023 Equity Incentive Plan (the “Plan”) to increase the number of shares reserved for issuance under the Plan:
| For | Against | Abstained | |
| 3,063,369 | 330,557 | 227,161 |
Proposal Three: Ratification of the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024:
| For | Against | Abstained | |
| 6,225,082 | 38,391 | 124,396 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| NEXALIN TECHNOLOGY, INC. | ||
| By: | /s/ Mark White | |
| Mark White | ||
| Chief Executive Officer | ||
Dated: September 3, 2024
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