Profire Energy Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$PFIE
Metal Fabrications
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 12, 2024
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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 (see General Instruction A.2 below):
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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).
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Securities registered pursuant to Section 12(b) of the Act:
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Item 5.07 Submission of Matters to a Vote of Security Holders
The Company held its Annual Meeting of Stockholders (the “Meeting”) on June 12, 2024 in Lindon, Utah. Of the 47,098,732 total shares of common stock of the Company that were issued and outstanding on April 15, 2024, the record date for the Meeting, 32,123,588 shares, constituting approximately 68% of the total outstanding shares, were represented in person or by proxy at the Meeting.
The matters voted on and the results of the votes were as follows:
1. The stockholders elected five directors to the Company’s board of directors for the ensuing year and until their successors are elected and qualified. The votes regarding this proposal were as follows:
| Nominee | FOR | AGAINST | ABSTAIN | BROKER NON-VOTES | ||||||||||
| Brenton W. Hatch | 24,545,785 | 1,008,330 | 11,009 | 6,659,473 | ||||||||||
| Ryan W. Oviatt | 25,023,270 | 530,660 | 11,195 | 6,659,473 | ||||||||||
| Daren J. Shaw | 25,081,359 | 472,571 | 11,195 | 6,659,473 | ||||||||||
| Ronald R. Spoehel | 25,126,451 | 427,479 | 11,195 | 6,659,473 | ||||||||||
| Colleen Larkin Bell | 22,943,965 | 2,610,035 | 11,125 | 6,659,473 | ||||||||||
2. The stockholders voted to approve executive compensation on an advisory (non-binding) basis.
| Approve Executive Compensation | APPROVE | AGAINST | ABSTAIN | BROKER NON-VOTES | ||||||||||
| 24,198,205 | 145,388 | 1,232,532 | 6,659,473 | |||||||||||
3. The stockholders ratified the appointment of Sadler, Gibb & Associates, LLC as the Company’s independent registered public accounting firm for the 2024 fiscal year. The votes regarding this proposal were as follows:
| Auditor | FOR | AGAINST | ABSTAIN | ||||||||
| Sadler, Gibb & Associates | 32,028,588 | 79,285 | 15,715 | ||||||||
| Item 9.01. | Financial Statements and Exhibits | ||||
(d) Exhibits
| Exhibit Number | Description | |||||||
| 104.0 | Cover Page Interactive Data File (embedded within the Inline XBRL) document) | |||||||
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 thereunto duly authorized.
| PROFIRE ENERGY, INC. | ||||||||
| Date: | By: | /s/ Ryan W. Oviatt | ||||||
| June 14, 2024 | Ryan Oviatt | |||||||
| Co-Chief Executive Officer & President | ||||||||
| By: | /s/ Cameron M. Tidball | |||||||
| Cameron M. Tidball | ||||||||
| Co-Chief Executive Officer & President | ||||||||