Safe & Green Holdings Corp. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
UNITED STATES
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On September 27, 2024, at the 2024 annual meeting of stockholders (the “Annual Meeting”) of Safe & Green Holdings Corp., a Delaware corporation (the “Company”), the stockholders of the Company voted on the following seven (7) proposals and votes were cast as described below. These matters are described in detail in the Definitive Proxy Statement.
The final results for Proposals 1 – 7 as set forth in the Definitive Proxy Statement are as follows:
Proposal No. 1
The following six (6) individuals were re-elected as directors, each to serve a one-year term expiring at the 2025 Annual Meeting of Stockholders and until such director’s successor is duly elected and qualified with the following votes:
| For | Withheld | Broker Non-Votes | ||||||||||
| Paul M. Galvin | 541,721 | 20,676 | 306,198 | |||||||||
| Christopher Melton | 537,383 | 26,014 | 306,198 | |||||||||
| David Villarreal | 549,168 | 14,229 | 306,198 | |||||||||
| Shafron Hawkins | 531,835 | 31,562 | 306,198 | |||||||||
| Jill Anderson | 539,782 | 23,615 | 306,198 | |||||||||
| Thomas Meharey | 542,867 | 20,530 | 306,198 | |||||||||
Proposal No. 2
The stockholders ratified and approved the appointment of M&K CPAS, PLLC as the Company’s independent registered public accounting firm for the year ended December 31, 2024, based on the votes set forth below:
| For | Against | Abstain | Broker Non-Votes | |||
| 843,698 | 5,099 | 20,798 | n/a |
Proposal No. 3
The stockholders approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers (“say-on-pay”), as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:
| For | Against | Abstain | Broker Non-Votes | |||
| 449,858 | 29,742 | 83,797 | 306,198 |
Proposal No. 4
The stockholders approved, on an advisory, non-binding basis, the frequency of the stockholder vote to approve the compensation of named executive officers. The results of the voting for this proposal were as follows:
| 1 Year | 2 Years | 3 Years | Abstain | Broker Non-Votes | ||||
| 455,278 | 5,065 | 16,478 | 86,576 | 306,198 |
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Proposal No. 5
The stockholders approved the issuance of shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), underlying certain warrants issued by the Company pursuant to that certain Securities Purchase Agreement, dated as of May 3, 2024, by and between the Company and the investor named on the signatory thereto, and that certain Placement Agent Agreement, dated as of May 3, 2024, by and between the Company and A.G.P./Alliance Global Partners, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:
| For | Against | Abstain | Broker Non-Votes | |||
| 539,382 | 22,582 | 1,433 | 306,198 |
Proposal No. 6
The stockholders approved the issuance of shares of Common Stock pursuant to that certain Equity Purchase Agreement, dated as of February 7, 2023, by and between the Company and Peak One Opportunity fund, L.P., as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:
| For | Against | Abstain | Broker Non-Votes | |||
| 540,413 | 21,451 | 1,533 | 306,198 |
Proposal No. 7
The stockholders approved the adjournment of the 2024 Annual Meeting, based on the votes set forth below; however, an adjournment was not needed as Proposals 5 and 6 received sufficient number of votes for approval. The results of this proposal were as follows:
| For | Against | Abstain | Broker Non-Votes | |||
| 828,800 | 36,719 | 4,076 | n/a |
Item 9.01 Financial Statements and Exhibits
| Exhibit Number |
Description | |
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SAFE & GREEN HOLDINGS CORP. | |||
| Dated: October 1, 2024 | By: | /s/ Patricia Kaelin | |
| Name: | Patricia Kaelin | ||
| Title: | Chief Financial Officer | ||
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