Atlanticus Holdings Corporation (NASDAQ:ATLC) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Submission of Matters to a Vote of Security Holders.
Atlanticus Holdings Corporation (the “Company”) held its Annual Meeting of Shareholders on May 10, 2018. Proxies for the meeting were solicited to Section 14(a) of the Securities Exchange Act of 1934, as amended, and there was no solicitation in opposition to the Board’s solicitation. At the Annual Meeting, the Company’s shareholders voted upon two proposals. The proposals are described in detail in the Company’s Proxy Statement. A brief description and the final vote results for each proposal follow.
1. Election of five directors for terms expiring at the 2019 Annual Meeting of Shareholders:
|
Nominee |
For |
Withheld |
Broker Non-Votes |
|
David G. Hanna |
11,029,628 |
65,451 |
|
|
Jeffrey A. Howard |
11,026,912 |
68,167 |
|
|
Deal W. Hudson |
10,173,181 |
921,898 |
|
|
Mack F. Mattingly |
10,186,213 |
908,866 |
|
|
Thomas G. Rosencrants |
10,185,680 |
909,399 |
As a result, each nominee was elected to serve as a director for a term expiring at the 2019 Annual Meeting of Shareholders.
2. Approval of the Atlanticus Holdings Corporation Second Amended and Restated Employee Stock Purchase Plan:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
11,075,907 |
5,507 |
13,666 |
As a result, the proposal was approved.
About Atlanticus Holdings Corporation (NASDAQ:ATLC)
Atlanticus Holdings Corporation is focused on providing financial services. Through its subsidiaries, the Company offers an array of financial products and services. The Company operates through two segments: Credit and Other Investments, and Auto Finance. The Company’s Credit and Other Investments segment includes its point-of-sale and direct-to-consumer finance operations, investments in and servicing of its various credit card receivables portfolios and other product development and limited investment in consumer finance technology platforms that capitalize on its credit infrastructure. The Company’s Auto Finance segment operations are principally conducted through its CAR platform, which purchases and services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here used car business. The Company also provides loan servicing activities.