EDGEMODE, INC. Item 5.07 Submission of Matters to a Vote of Security Holders.
On
Proposal 1. Stockholders elected each of the two nominees to the Company's Board of Directors to serve until the Company's 2023 annual meeting of stockholders or until his respective successor has been duly elected and qualified. The voting results were as follows:
Director Name Votes For Votes Against Withheld Broker Non-Votes
Proposal 2. Stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as set forth in the Proxy Statement. The voting results were as follows:
Votes For Votes Against Abstentions Broker Non-Votes 200,053,352 2,197,275 819,665 1,499,250
Proposal 3. Stockholders approved, on a non-binding advisory basis, a vote on the frequency of an advisory vote on executive compensation, of once every three years. The voting results were as follows:
Every Year Every Two Years Every Three Years Abstentions 29,873,854 10,512,366 161,967,145 716,927
Subsequent to the Annual Meeting, the Board determined, in light of the voting results, to hold a stockholder vote on the compensation of executive officers every three years.
Proposal 4. Stockholders ratified the selection of
Votes For Votes Against Abstentions 203,227,851 1,333,689 8,002
Proposal 5. Stockholders approved an Amendment to the Company's Amended and
Restated Articles of Incorporation changing the Company's name to
Votes For Votes Against Abstentions 204,550,042 19,500 0
Proposal 6. Stockholders approved an Amendment to the Company's Amended and Restated Articles of Incorporation, which effects a Reverse Stock Split of the common stock at a ratio in a range of 1 for 15 through 1 for 60 or any ratio in between. The voting results were as follows:
Votes For Votes Against Abstentions 198,494,197 3,251,672 2,823,673
As of the record date, there were 383,808,340 shares of common stock outstanding (one vote per share). At the Annual Meeting, there were 204,569,542 shares of common stock present or represented by proxy, which represented approximately 53% of the voting power entitled to vote at the Annual Meeting which constituted a quorum for the transaction of business. Each of the two nominees for director was elected to serve until the next annual meeting of stockholders and until his successor has been elected and qualified, or until his earlier death, resignation, or removal and stockholders voted for three years under Proposal 3. Additionally, all other proposals were approved.
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