UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. |
Election of Directors
On December 5, 2024, Pioneer Power Solutions, Inc. (the “Company”) held its 2024 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, Mr. Mazurek, Mr. Klink, Mr. Cohn, Mr. Ross, Mr. Tesler, Mr. Tulkoff and Mr. Whyte were elected as directors to serve on the Company’s board of directors until the annual meeting of the stockholders in 2025, or until their successors are elected and qualified.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
At the Company’s Annual Meeting, the following proposals were submitted to the Company’s stockholders. The final voting results are as follows:
| (1) | Election of seven directors to serve on the Company’s board of directors to serve until the annual meeting of the stockholders in 2025, or until his or her successors have been duly elected and qualified: |
| Nominee | Votes For | Votes Withheld | ||
| Nathan J. Mazurek | 4,572,420 | 110,069 | ||
| Thomas Klink | 4,469,332 | 213,157 | ||
| Yossi Cohn | 4,005,813 | 676,676 | ||
| Ian Ross | 4,222,600 | 459,889 | ||
| David Tesler | 3,924,710 | 757,779 | ||
| Jonathan Tulkoff | 3,924,709 | 757,780 | ||
| Kytchener Whyte | 4,467,761 | 214,728 |
| (2) | Ratification of the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: |
| Votes For | Votes Against | Votes Abstaining | ||
| 6,533,600 | 398,045 | 343,618 |
For more information about the foregoing proposals, see the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on October 17, 2024, the relevant portions of which are incorporated herein by reference. A total of 7,275,263 shares of the Company’s common stock were present in person or represented by proxy at the Annual Meeting. Holders of the Company’s common stock were entitled to one vote per share. The results reported above are final voting results. No other matters were considered or voted upon at the meeting.
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.
| PIONEER POWER SOLUTIONS, inc. | ||
| Date: December 5, 2024 | By: | /s/ Walter Michalec |
| Name: | Walter Michalec | |
| Title: | Chief Financial Officer | |