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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): December 6, 2023

 

DecisionPoint Systems, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   333-245695   37-1644635

(State or other jurisdiction of
incorporation or organization)

  (Commission File Number)  

(I.R.S. Employer
Identification No.)

 

DecisionPoint Systems, Inc.

1615 South Congress Avenue, Suite 103

Delray Beach, Florida

  33445
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (949) 465-0065

 

 

(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))

 

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  DPSI  NYSE American

 

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 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 8.01 Other Events

 

On December 6, 2023, DecisionPoint Systems, Inc. (the “Company”) convened its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). At that time, there were not present or represented by proxy a sufficient number of shares of the Company’s common stock in order to constitute the required quorum. As a result, the Company adjourned the Annual Meeting, which will reconvene on December 27, 2023 at 9:00 a.m. Pacific Time via live webcast at www.virtualshareholdermeeting.com/DPSI2023.

 

On December 7, 2023, the Company also issued a press release, attached hereto as Exhibit 99.1, announcing the adjournment of the Annual Meeting.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Document
99.1   Press Release dated December 7, 2023
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

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.

 

  DECISIONPOINT SYSTEMS, INC.
     
Dated: December 7, 2023 By: /s/ Melinda Wohl
  Name: Melinda Wohl
  Title: Chief Financial Officer

 

 

2

 

 

Exhibit 99.1

 

 

 

DecisionPoint Announces Adjournment of Annual Meeting of Stockholders Due to Lack of Quorum

 

DELRAY BEACH, Flor., December 7, 2023 – DecisionPoint Systems, Inc. (the “Company”) (NYSE American: DPSI) today announced that the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”) was convened on December 6, 2023 at 9:00 a.m. Pacific Time and adjourned, without any business being conducted, due to lack of the required quorum.

 

Due to the lack of quorum, the Annual Meeting was adjourned to allow additional time for the Company’s stockholders to vote on the proposals set forth in the Company’s definitive statement filed with the U.S. Securities and Exchange Commission on November 9, 2023 (the “Proxy Statement”).

 

The Annual Meeting will reconvene on December 27, 2023 at 9:00 a.m. Pacific Time via live webcast at www.virtualshareholdermeeting.com/DPSI2023. During the current adjournment, the Company continues to solicit votes from its stockholders with respect to the proposals set forth in the Company’s Proxy Statement. 

 

Only stockholders of record, as of the record date, November 7, 2023 (the “Record Date”), are entitled to and are being requested to vote at the Annual Meeting, either in person or by proxy. Proxies previously submitted in respect of the Annual Meeting will be voted at the adjourned Annual Meeting unless properly revoked, and stockholders who have previously submitted a proxy or otherwise voted need not take any action.

 

The Company encourages all stockholders of record as of the Record Date, who have not yet voted, to do so by December 26, 2023 at 11:59 p.m. (Eastern Time). Stockholders may vote online or by telephone, by following the instructions on the proxy card or voting instruction form included with the proxy materials that were either mailed or emailed to each stockholder, or by mail, by completing and returning the proxy card in the addressed stamped envelope included with the proxy materials.

 

Stockholders who have any questions or require any assistance with completing a proxy or voting instruction form or who do not have the required materials, may contact the Company’s Secretary at (561) 900-3723.

 

About DecisionPoint Systems, Inc.

 

DecisionPoint Systems Inc. delivers mobility-first managed service and integration solutions to healthcare, supply chain, and retail customers, enabling them to make better and faster decisions in the moments that matter—the decision points. Our mission is to help businesses consistently deliver on those moments—accelerating growth, improving worker productivity, and lowering risks and costs.

 

For more information about DecisionPoint Systems, Inc., visit www.decisionpt.com.

 

Investor Relations Contact:

 

ir@decisionpt.com

 

 

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