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    SEC Form 8-K filed by Lithium Americas Corp.

    6/12/25 9:23:30 AM ET
    $LAC
    Metal Mining
    Basic Materials
    Get the next $LAC alert in real time by email
    8-K
    false000196698300-000000000019669832025-06-112025-06-11

     

    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 11, 2025

     

     

    Lithium Americas Corp.

    (Exact name of registrant as specified in its charter)

     

     

     

     

     

     

     

    British Columbia

    001-41788

    Not Applicable

    (State or other jurisdiction of

    incorporation or organization)

    (Commission

    File Number)

    (I.R.S. Employer

    Identification Numder)

     

    3260 - 666 Burrard Street

    Vancouver, British Columbia, Canada V6C 2X8

    (Address of principal executive office and Zip Code)

    (778) 656-5820

    (Registrant’s telephone number, including area code)

     

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

    Trading

    Symbol(s)

    Name of each exchange

    on which registered

    Common Shares, no par value per share

    LAC

    New York Stock Exchange

     

     

    Toronto Stock Exchange

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

    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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    On June 11, 2025, the shareholders of Lithium Americas Corp., a company incorporated under the laws of British Columbia, Canada (the “Company”) approved the Amended and Restated Lithium Americas Corp. Equity Incentive Plan (the “Plan”), which among other changes, increased the maximum number of common shares available for issuance under the Plan by 14,000,000 shares.

    The material terms of the Plan are disclosed in the Company’s definitive proxy statement for its annual and special meeting of shareholders filed with the Securities and Exchange Commission on April 30, 2025, and are incorporated herein by reference. This description is subject to the complete text of the Plan, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.

    Item 5.07 Submission of Matters to a Vote of Security Holders.

    On June 11, 2025, the Company held an annual and special meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the holders of 111,198,632 votes of the Company’s common shares were represented in person or by proxy, constituting a quorum.

    The matters voted upon and approved by the Company’s shareholders were:

    (1)
    The approval of fixing the number of directors at eight (8) (“Proposal 1”);
    (2)
    The election of the eight (8) board-recommended director nominees to serve for the ensuing year (“Proposal 2”);
    (3)
    The appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants (“PwC”), as the Company’s independent registered public accounting firm for the ensuing year and authorization of the board of directors to fix their remuneration (“Proposal 3”); and
    (4)
    The approval of the Plan (“Proposal 4”).

    The following is a summary of the voting results for each matter presented to the shareholders:

    Proposal 1:

     

    Votes For

    Votes Against

    Broker Non-Votes

    107,332,062

     

    3,866,570

     

    —

     

    Proposal 2:

     

    Director’s Name

    Votes For

    Votes Withheld

    Broker Non-Votes

    Kelvin Dushnisky

    48,803,883

    3,008,880

    59,385,869

    Yuan Gao

    48,676,931

    3,135,832

    59,385,869

    Michael Brown

    50,599,180

    1,213,583

    59,385,869

    Fabiana Chubbs

    50,208,428

    1,604,335

    59,385,869

    Jonathan Evans

    50,596,958

    1,215,805

    59,385,869

    Zach Kirkman

    46,944,510

    4,868,253

    59,385,869

    Jinhee Magie

    48,777,066

    3,035,697

    59,385,869

    Philip Montgomery

    49,306,513

    2,506,250

    59,385,869

     

    Proposal 3:

     

    Votes For

    Votes Withheld

    Broker Non-Votes

    108,149,423

     

    0

     

    —

     

    Proposal 4:

     

    Votes For

    Votes Against

    Votes Abstained

    Broker Non-Votes

    31,456,614

     

    4,393,409

     

    15,962,740

     

    59,385,869

     


     

    All Proposals were approved.

    Item 9.01 Financial Statements and Exhibits

    (d) Exhibits.

     

    Exhibit
    Number

    Description

     

     

    10.1

    Amended and Restated Lithium Americas Corp. Equity Incentive Plan

     

     

    104

    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.

     

     

    Lithium Americas Corp.

     

     

    Date: June 12, 2025

     

     

     

     

     

     

     

     

    By:

     

    /s/ Jonathan Evans

     

     

     

    Jonathan Evans

     

     

     

    Chief Executive Officer

     


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