Current Report Filing (8-k)
October 23 2018 - 4:19PM
Edgar (US Regulatory)
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):
October 23, 2018
Appliance Recycling Centers of America,
Inc.
(Exact name of registrant as specified in
its charter)
Nevada
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000-19621
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41-1454591
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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175 Jackson Avenue North, Suite 102, Minneapolis, MN
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55343-4565
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including
area code:
(952) 930-9000
Not Applicable
(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:
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§ 240.12b 2 of this chapter).
Emerging growth company ☐
If any 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. ☐
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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On October 23, 2018, Appliance Recycling Centers of America,
Inc. (the “Company”) held its 2018 annual meeting of stockholders, at which the shareholders voted on the following
proposals:
Proposal 1
:
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The shareholders elected the
Company’s four nominees for director to serve for a term expiring at the 2019 Annual Meeting of Shareholders.
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Proposal 2
:
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The shareholders ratified the
Audit Committee’s appointment of SingerLewak LLP to serve as the Company’s independent registered accounting firm
for the 2018 fiscal year.
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Proposal 3
:
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The shareholders approved the
issuance by the Company of 28,858,800 shares of the Company’s common stock upon conversion of 288,588 shares of the Company’s
Series A Convertible Preferred Stock (the “Series A Preferred Stock”).
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The table below summarizes the voting results:
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For
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Withheld
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Broker
Non-Votes
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1. Election of Directors:
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Tony Isaac
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4,653,219
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261,883
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2,725,471
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Richard D. Butler
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4,778,396
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136,706
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2,725,471
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Dennis (De) Gao
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4,774,180
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140,922
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2,725,471
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Nael Hajjar
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4,796,666
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118,436
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2,725,471
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For
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Against
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Abstain
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Broker
Non-Votes
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2. Ratification of SingerLewak LLP
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7,491,407
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26,497
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122,669
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0
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3. The issuance by the Company of 28,858,800 shares of the Company’s common stock upon conversion of 288,588 shares of the Company’s Series A Convertible Preferred Stock
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4,369,939
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517,907
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27,256
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2,725,471
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No holder of shares of the Company’s Series A Preferred
Stock voted on any of the proposals.
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.
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Appliance Recycling Centers of America, Inc.
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Date: October 23, 2018
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/s/ Tony Isaac
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Tony Isaac
Chief Executive Officer
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