Northern Technologies International Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
__________________
Date of Report (Date
of earliest event reported):
___________________
(Exact name of registrant as specified in its charter)
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
|
|
| (Address of principal executive offices) | (Zip Code) |
(Registrant’s telephone number, including area code)
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:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| |
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. ☐
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On January 17, 2025, Northern Technologies International Corporation (the “Company”) held an Annual Meeting of Stockholders (the “2025 Annual Meeting”). As of the close of business on November 19, 2024, the record date for the 2025 Annual Meeting, there were 9,470,507 shares of common stock outstanding and entitled to vote at the 2025 Annual Meeting. Each share of common stock was entitled to one vote. Stockholders holding an aggregate of 7,047,470 shares of common stock entitled to vote at the 2025 Annual Meeting, representing 74.41% of the outstanding shares of common stock as of the record date, and which constituted a quorum thereof, were present in person or represented by proxy at the 2025 Annual Meeting.
At the 2025 Annual Meeting, the Company’s stockholders considered three proposals, each of which is set forth below and described in more detail in the Company’s definitive proxy statement for the 2025 Annual Meeting.
The final results of the stockholder vote at the 2025 Annual Meeting on each proposal brought before the Company’s stockholders were as follows:
| Proposal One - | The eight director nominees proposed by the Board of Directors were elected to serve as members of the Board of Directors until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified by the following final voting results: |
|
Votes For |
Votes Withheld |
Broker Non-Votes | |||
| Nancy E. Calderon | 5,781,957 | 291,231 | 974,282 | ||
| Sarah E. Kemp | 5,809,046 | 264,142 | 974,282 | ||
| Sunggyu Lee, Ph.D. | 5,810,299 | 262,889 | 974,282 | ||
| G. Patrick Lynch | 5,812,283 | 260,905 | 974,282 | ||
| Ramani Narayan, Ph.D. | 5,810,016 | 263,172 | 974,282 | ||
| Richard J. Nigon | 5,552,845 | 520,343 | 974,282 | ||
| Cristina Pinho | 5,782,718 | 290,470 | 974,282 | ||
| Konstantin von Falkenhausen | 5,771,185 | 302,003 | 974,282 |
| Proposal Two - | The compensation of the Company’s named executive officers, as disclosed in the Company’s proxy statement, was approved, on an advisory basis, by the following final voting results: |
|
Votes For |
Votes Against |
Votes Abstained |
Broker Non-Votes | |||
| 5,664,470 | 398,613 | 10,105 | 974,282 |
| Proposal Three - | The ratification of the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2025 was approved by the following final voting results: |
|
Votes For |
Votes Against |
Votes Abstained |
Broker Non-Votes | |||
| 7,043,084 | 2,023 | 2,363 | 0 |
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.
| NORTHERN TECHNOLOGIES | ||
| INTERNATIONAL CORPORATION | ||
| By: | /s/ Matthew C. Wolsfeld | |
| Matthew C. Wolsfeld | ||
| Chief Financial Officer and Corporate Secretary | ||
Date: January 17, 2025