Form 8-K - Current report
November 04 2024 - 4:10PM
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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):
November 1, 2024
EMEREN GROUP LTD
(Exact name of Registrant as Specified in Its Charter)
British Virgin Islands |
001-33911 |
N/A |
(State or Other Jurisdiction
of Incorporation) |
(Commission File Number) |
(IRS Employer
Identification No.) |
149 Water Street, Suite 302
Norwalk, Connecticut , U.S.A. |
06854 |
(Address of Principal Executive Offices) |
(Zip Code) |
Registrant’s Telephone Number, Including
Area Code: +1 925-425-7335
(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:
¨ |
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 |
American depositary shares, each representing 10 shares, no par value per share |
|
SOL |
|
The New York Stock Exchange |
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 5.07 Submission of Matters to a Vote of Security Holders.
On November 1, 2024, Emeren Group
Ltd (the “Company”) held its 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”). At the 2024 Annual
Meeting, the Company’s shareholders voted on: (i) the appointment of Mr. Ramakrishnan Srinivasan as a director of the Company following
his appointment as a director by the Board of Directors in accordance with the Company’s articles of association; (ii) the re-election
of Martin Bloom and Yumin Liu, who are each offering himself for re-election, in accordance with the Company’s articles of association
to hold office until a successor is duly elected and qualified; (iii) an advisory vote to approve the compensation of our named executive
officers as disclosed in the Company’s definitive Proxy Statement, dated September 17, 2024, for the 2024 Annual Meeting (the “2024
Proxy Statement”); (iv) an advisory vote on the frequency of future advisory shareholder votes on the compensation of our named
executive officers; and (v) ratification of the appointment of UHY LLP as our independent registered public accounting firm and auditors
for 2024, as disclosed in the 2024 Proxy Statement.
The appointment of Mr. Ramakrishnan
Srinivasan as a director of the Company following his appointment as a director by the Board of Directors in accordance with the Company’s
articles of association, was approved by the indicated votes cast:
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| 624,502,660 | | |
| 686,240 | | |
| 11,922,250 | | |
| 0 | |
The re-elections of Martin Bloom and Yumin Liu, who each offered himself
for re-election, in accordance with the Company’s articles of association to hold office until a successor is duly elected and qualified,
were approved by the indicated votes cast:
Name of Nominee | |
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
Mr. Martin Bloom | |
| 613,357,070 | | |
| 11,830,850 | | |
| 11,923,230 | | |
| 0 | |
Mr. Yumin Liu | |
| 622,362,770 | | |
| 2,823,740 | | |
| 11,924,640 | | |
| 0 | |
The advisory vote to approve the compensation of our named executive
officers as disclosed in the accompanying proxy statement, was approved by the indicated votes cast:
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| 621,094,480 | | |
| 4,251,010 | | |
| 11,765,660 | | |
| 0 | |
The advisory vote on the frequency of future advisory shareholder votes
on the compensation of our named executive officers, was approved by the indicated votes cast:
1 Year | | |
2 Years | | |
3 Years | | |
Abstain | | |
Broker Non-Votes | |
| 624,004,620 | | |
| 496,290 | | |
| 290,660 | | |
| 12,319,580 | | |
| 0 | |
In accordance with the results for Proposal 4, the Company’s
Board of Directors has determined that future advisory shareholder votes on the compensation of the Company’s named executive officers
will be held annually. Thus, the next shareholder advisory vote on the compensation of our named executive officers will be held at the
Company’s 2025 annual meeting of shareholders.
The appointment of UHY LLP as our independent registered public accounting
firm and auditors for 2024, as disclosed in the Company’s 2024 Proxy Statement, was ratified by the indicated votes cast:
For | | |
Against | | |
Abstain |
|
| 624,896,480 | | |
| 311,220 | | |
| 11,903,450 |
|
Further information concerning the matters voted upon at
the 2024 Annual Meeting is contained in the 2024 Proxy Statement.
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.
|
EMEREN GROUP LTD |
|
(Registrant) |
|
|
|
Date: November 4, 2024 |
By: |
/s/ Ke Chen |
|
|
Ke Chen |
|
|
Chief Financial Officer |
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Nov. 01, 2024 |
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Entity File Number |
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|
Entity Registrant Name |
EMEREN GROUP LTD
|
Entity Central Index Key |
0001417892
|
Entity Tax Identification Number |
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|
Entity Incorporation, State or Country Code |
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Entity Address, Address Line One |
149 Water Street
|
Entity Address, Address Line Two |
Suite 302
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Entity Address, City or Town |
Norwalk
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Entity Address, State or Province |
CT
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Entity Address, Country |
US
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Entity Address, Postal Zip Code |
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City Area Code |
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Local Phone Number |
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Trading Symbol |
SOL
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Security Exchange Name |
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