UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): July 23, 2020

 

IT TECH PACKAGING, INC.

(Exact name of registrant as specified in its charter)

 

Nevada

(State or other jurisdiction of incorporation)

 

001-34577   20-4158835
(Commission File Number)   (IRS Employer Identification No.)

 

Science Park, Juli Road

Xushui District, Baoding City

Hebei Province, People’s Republic of China

  072550
(Address of principal executive offices)   (Zip Code)

 

(86) 312-8698215

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

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):

 

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. ☐

 

 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 Stock   ITP   NYSE American

 

 

 

 

  

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

 

The Company held its Annual Meeting of Stockholders on July 23, 2020, China time (the “Annual General Meeting”).  A total of 18,361,056 shares of common stock, representing 64.39% of the shares of common stock outstanding and eligible to vote and constituting a quorum, were represented in person or by valid proxies at the Annual General Meeting.  The final results for each of the matters submitted to a vote of stockholders at the Annual General Meeting as set forth in the Proxy Statement are as follows:

 

Proposal 1. All the three nominees for directors in Class II were elected to serve until the 2022 Annual General Meeting of Stockholders and until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death.  The result of the votes to elect the three directors was as follows:

 

DIRECTORS:   FOR     AGAINST     ABSTAIN    

BROKER

NON-VOTE

 
Zhenyong Liu     13,546,592       0       162,714       4,651,750  
Fuzeng Liu     13,544,032       0       165,274       4,651,750  
Lusha Niu     13,553,901       0       155,405       4,651,750  

 

Proposal 2. The appointment of WWC, P.C. Certified Public Accountants as the Company’s independent registered public accounting firm for fiscal year 2020 was ratified by the stockholders by the votes set forth in the table below:

 

FOR     AGAINST     ABSTAIN  
  18,103,892       129,108       128,056  

 

There were no broker non-votes with respect to the appointment of WWC, P.C. Certified Public Accountants.

 

Proposal 3. Advisory vote on executive compensation:

 

 FOR     AGAINST     ABSTAIN    

BROKER

NON-VOTE

 
  12,480,582       801,024       427,700       4,651,750  

 

Proposal 4. Approval of a reduction in exercise price of outstanding warrants issued in a private placement and the issuance of common stock representing more than 20% of common stock issued and outstanding upon exercise of the warrants in accordance with NYSE American Rule 713(a)(ii):

 

FOR     AGAINST     ABSTAIN    

BROKER

NON-VOTE

 
  12,634,935       975,218       99,153       4,651,750  

 

 Item 8.01 Other Events.

 

On July 24, 2020, the Company issued a press release announcing the results of the Annual General Meeting. A copy of the press release that discusses this matter is filed as Exhibit 99.1 to, and incorporated by reference in this report.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

99.1   Press release, dated July 24, 2020.

 

1

 

  

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 hereunto duly authorized.

 

  IT TECH PACKAGING, INC.
       
Date: July 24, 2020 By: /s/ Zhenyong Liu
    Name: Zhenyong Liu
    Title: Chief Executive Officer

 

 

2