The Marygold Companies Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Section 5 – Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders.
On November 8, 2024, The Marygold Companies, Inc., a Nevada corporation (“Company”), held its 2024 Annual Meeting of Stockholders (“Annual Meeting”). Shares of the Company’s outstanding voting stock entitled to cast an aggregate of 33,946,709 votes at the Annual Meeting were represented in person or by valid proxy at the Annual Meeting. At the Annual Meeting, our stockholders voted on the following three proposals and cast their votes as described below. For more information about the following proposals, see our proxy statement, dated September 23, 2024, the relevant portions of which are incorporated herein by reference thereto.
1. Election of Directors. The individuals listed below were elected to serve as directors of the Company for a term of one year or until his or her successor is duly elected and qualified, or until his or her prior death, resignation or removal. The vote totals for each of these individuals is set forth below:
| Directors | For | Against | Abstained | Broker Non-Votes | ||||||||||||
| Nicholas D Gerber | 33,946,563 | 146 | 0 | 0 | ||||||||||||
| David W. Neibert | 33,946,563 | 146 | 0 | 0 | ||||||||||||
| Scott Schoenberger | 33,940,328 | 6,381 | 0 | 0 | ||||||||||||
| James Alexander | 33,946,563 | 146 | 0 | 0 | ||||||||||||
| Matt Gonzalez | 33,907,789 | 38,920 | 0 | 0 | ||||||||||||
| Erin Grogan | 33,946,563 | 146 | 0 | 0 | ||||||||||||
| Joya Delgado Harris | 33,946,563 | 146 | 0 | 0 | ||||||||||||
| Derek Mullins | 33,946,546 | 146 | 0 | 0 | ||||||||||||
2. Advisory Vote on Named Executive Officer Compensation. Stockholders approved, on a non-binding, advisory vote basis, the compensation paid to the Company’s named executive officers for 2024. The vote totals were
| For | Against | Abstained | ||||||||
| 33,945,395 | 1,309 | 5 | ||||||||
3. Advisory Vote on the Frequency of Stockholder Advisory Vote of Compensation Paid to Named Executive Officers. Stockholders approved, on a non-binding, advisory vote basis, the frequency of the stockholder advisory vote on the approval of compensation paid to the Company’s named executive officers.
| For Every One (1) Year | For Every Two (2) Years | For Every Three (3) Years | Abstained | |||||||||||
| 5,623,151 | 13 | 28,323,398 | 147 | |||||||||||
Based on these results, and consistent with the recommendations of the Company’s Board of Directors (“Board”), the Board has determined that the Company will hold an advisory vote on executive compensation every three (3) years.
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.
| Date: | November 12, 2024 | THE MARYGOLD COMPANIES, INC. | |
| By: | /s/ Nicholas Gerber | ||
| Nicholas Gerber | |||
| Chief Executive Officer (Principal Executive Officer) | |||