AQUA METALS, INC. (NASDAQ:AQMS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07.Submission of Matters To a Vote of Security Holders
We held an annual meeting of stockholders on March 27, 2019, for purposes of:
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Electing six directors, each to serve until our 2020 Annual Meeting of Stockholders; and |
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Ratifying the appointment ofArmanino LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2019; and |
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Approving our 2019 Stock Incentive Plan; and |
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Approving an amendment to our Amended and Restated Certificate of Incorporation to effect and increase the number of authorized shares of our common stock from 50,000,000 to 100,000,000. |
All of the persons nominated to serve on our board of directors, namely S. Shariq Yosufzai, Vincent L. DiVito, Stephen Cotton, Mark Stevenson, Gayle J. Gibson, and Sushil “Sam” Kapoor, were elected to our board of directors, with shares voted as follows:
|
Sharesvotedfor |
Shares withheld |
|
|
S. Shariq Yosufzai |
19,545,013 |
105,189 |
|
Vincent L. DiVito |
17,702,820 |
1,947,382 |
|
Stephen Cotton |
17,447,765 |
2,202,437 |
|
Mark Stevenson |
17,031,214 |
2,618,988 |
|
Gayle J. Gibson |
19,565,684 |
84,518 |
|
Sushil “Sam” Kapoor |
18,107,427 |
1,542,775 |
There were 17,899,953 broker non-votes in the election of directors.
Our stockholders ratified the appointment ofArmanino LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2019, with shares voted as follows:
|
Sharesvotedfor |
36,562,597 |
|
Shares against |
9,615 |
|
Shares abstaining |
977,943 |
There were no broker non-votes in the ratification of the appointment of Armanino LLP.
Our stockholders approved our 2019 Stock Incentive Plan, with shares voted as follows:
|
Sharesvotedfor |
14,065,455 |
|
Shares against |
4,129,204 |
|
Shares abstaining |
1,455,543 |
There were 17,899,953 broker non-votes in the approval of our 2019 Stock Incentive Plan.
Our stockholders approved an amendment to our Amended and Restated Certificate of Incorporation to effect an increase in the number of authorized shares of our common stock from 50,000,000 to 100,000,000, with shares voted as follows:
|
Sharesvotedfor |
31,992,861 |
|
Shares against |
4,577,972 |
|
Shares abstaining |
155,195 |
There were 824,127 broker non-votes in the approval of the amendment to our Amended and Restated Certificate of Incorporation.
About AQUA METALS, INC. (NASDAQ:AQMS)
Aqua Metals, Inc. is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. AquaRefining process will provide for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining is a water-based ambient temperature process. The modular nature of AquaRefining makes it possible to start LAB recycling at a smaller scale than is possible with smelters. Its AquaRefining process begins with the crushing of used LABs and the separation of the metallic lead, active material (lead compounds), sulfuric acid and plastic for recycling. The active material is dissolved in its solvent. The primary lead is then stripped from the solvent using its automated process allowing the solvent to be reused continuously and indefinitely. Its AquaRefining process generates over three outputs, such as lead; cleaned plastic chips, recovered from battery casings, and sulfuric acid. The Company has not generated revenues.
