Current Report Filing (8-k)
June 15 2020 - 4:07PM
Edgar (US Regulatory)
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): June 10, 2020
FLEXSHOPPER, INC.
(Exact name of registrant as specified in its charter)
Delaware
|
|
001-37945
|
|
20-5456087
|
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
901
Yamato Road, Suite 260
Boca Raton, Florida
|
|
33431
|
(Address
of Principal Executive Offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (855) 353-9289
N/A
(Former
name or former address, if changed since last report.)
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, par value $0.0001 per share
|
|
FPAY
|
|
The
Nasdaq Stock Market LLC
|
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 (§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. ☐
CURRENT
REPORT ON FORM 8-K
FlexShopper, Inc.
June 10, 2020
Item
5.07.
|
Submission
of Matters to a Vote of Security Holders.
|
On
June 10, 2020, we held our annual meeting of stockholders. The following matters were submitted to our stockholders for consideration
(all of which were set forth in our definitive proxy statement on Schedule 14A filed with the SEC on April 29, 2020):
Proposal
1: To elect four nominees to the board of directors to serve for one year.
Proposal
2: To approve, on a non-binding advisory basis, the compensation paid to our executive officers.
Proposal
3. To approve amendments to our 2018 Omnibus Equity Compensation Plan increasing the total number of shares reserved
for issuance thereunder and the number of shares available for incentive stock options.
Proposal
4: To ratify the appointment of EisnerAmper LLP as our independent registered public accounting firm for 2020.
As
of April 24, 2020, the record date for the annual meeting, there were outstanding 21,351,643 shares of common stock entitled
to 21,351,643 votes at the annual meeting, 171,191 shares of Series 1 Preferred Stock entitled to 226,366 votes at the annual
meeting, and 21,952 shares of Series 2 Preferred Stock entitled to 5,845,692 votes at the annual meeting. At the annual
meeting, holders of 18,732,465 shares of voting stock were present in person or represented by proxy. The full voting results
were as follows:
1.
Election of directors. Our stockholders elected the four nominees listed in our definitive
proxy statement to serve on our board of directors for a one-year term of office expiring at the 2021 Annual Meeting of
Stockholders. The results of the voting were as follows:
|
|
Votes For
|
|
|
Votes Withheld
|
|
|
Broker
Non-Votes
|
|
|
|
|
|
|
|
|
|
|
|
Howard S. Dvorkin
|
|
|
13,406,784
|
|
|
|
88,041
|
|
|
|
5,237,640
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
James D. Allen
|
|
|
13,406,153
|
|
|
|
88,672
|
|
|
|
5,237,640
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
T. Scott King
|
|
|
13,381,662
|
|
|
|
113,163
|
|
|
|
5,237,640
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sean Hinze
|
|
|
13,388,969
|
|
|
|
105,856
|
|
|
|
5,237,640
|
|
2.
Approval, on a non-binding basis, of the compensation paid to our named executive officers. Our
stockholders voted for the approval of our compensation paid to our executive officers in 2019. The results of voting were as
follows:
Votes For
|
|
Votes Against
|
|
Votes Abstained
|
|
Broker
Non-Votes
|
|
|
|
|
|
|
|
13,303,235
|
|
168,029
|
|
23,561
|
|
5,237,640
|
3.
Approval of amendments to the FlexShopper, Inc. 2018 Omnibus Equity Compensation Plan. Our
stockholders approved amendments to our 2018 Omnibus Equity Compensation Plan increasing the total number of shares reserved
for issuance thereunder and the number of shares available as incentive stock options. The results of the voting were as
follows:
Votes For
|
|
Votes Against
|
|
Votes Abstained
|
|
Broker
Non-Votes
|
|
|
|
|
|
|
|
13,300,805
|
|
178,080
|
|
15,940
|
|
5,237,640
|
4.
Ratification of appointment of independent registered public accounting firm. Our
stockholders ratified the appointment of EisnerAmper LLP as our independent registered public accountants for the year ending
December 31, 2020. The results of the voting were as follows:
Votes For
|
|
Votes Against
|
|
Votes Abstained
|
|
|
|
|
|
18,712,008
|
|
15,055
|
|
5,402
|
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.
|
FLEXSHOPPER,
INC.
|
|
|
Dated:
June 12, 2020
|
By:
|
/s/
H. Russell Heiser Jr.
|
|
|
Name:
|
H.
Russell Heiser Jr.
|
|
|
Title:
|
Chief
Financial Officer
|
3
FlexShopper (NASDAQ:FPAY)
Historical Stock Chart
From Mar 2024 to Apr 2024
FlexShopper (NASDAQ:FPAY)
Historical Stock Chart
From Apr 2023 to Apr 2024