CARDCONNECT CORP. (NASDAQ:CCN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
(e) On May 23, 2017, the stockholders of CardConnect Corp. (the
Company) approved at an annual meeting the Second Amended and
Restated CardConnect Corp. 2016 Omnibus Equity Compensation Plan,
which increased the number of shares of the Companys common stock
authorized for issuance under such plan from 4,796,296 shares to
8,396,296 shares. For more information on the plan, see the
description of such plan set forth in the Companys definitive
proxy statement on Schedule 14A filed with the Securities and
Exchange Commission on April 20, 2017.
Item 5.07 Submission of Matters to a Vote of Security
Holders
On May 23, 2017, the Company held an annual meeting of
stockholders. At the annual meeting, stockholders voted on the
following matters: (1) the election of six directors to serve
until the next meeting of stockholders in 2018, (2) a proposal to
ratify the appointment of Marcum LLP as the independent
registered public accounting firm for the Company for the fiscal
year ending December 31, 2017; and (3) a proposal to approve the
Second Amended and Restated CardConnect Corp. 2016 Omnibus Equity
Compensation Plan to increase the number of shares of the
Companys common stock authorized for issuance under such plan
from 4,796,296 shares to 8,396,296 shares. The results of the
stockholders votes are reported below:
| 1. |
With respect to the election of the following nominees as directors to serve until the next annual meeting of the Companys stockholders in 2018, the votes were as follows: |
| NOMINEE | FOR | WITHHOLD | NON-VOTES | |||||||||
| Peter Burns | 21,219,460 | 8,001 | 3,210,182 | |||||||||
| Toos Daruvala | 21,219,460 | 8,001 | 3,210,182 | |||||||||
| Richard Garman | 19,749,684 | 1,477,777 | 3,210,182 | |||||||||
| Jeffrey Shanahan | 19,765,378 | 1,462,083 | 3,210,182 | |||||||||
| Ronald Taylor | 21,219,660 | 7,801 | 3,210,182 | |||||||||
| Christopher Winship | 19,749,845 | 1,477,616 | 3,210,182 | |||||||||
| 2. |
With respect to the ratification of the approval of the appointment of Marcum LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2017, the votes were as follows: |
| FOR | AGAINST | ABSTAIN | NON-VOTES | |||||||||||
| 24,418,727 | 16,672 | 2,244 | – | |||||||||||
| 3. |
With respect to the approval of the Second Amended and Restated CardConnect Corp. 2016 Omnibus Equity Compensation Plan to increase the number of shares of the companys common stock authorized for issuance under such plan from 4,796,296 shares to 8,396,296 shares, the votes were as follows: |
| FOR | AGAINST | ABSTAIN | NON-VOTES | |||||||||||
| 19,043,787 | 2,151,341 | 32,333 | 3,210,182 | |||||||||||
Item 9.01 Financial Statements and Exhibits
(d) EXHIBITS
CardConnect Corp. Second Amended and Restated 2016 Omnibus
Equity Compensation Plan
About CARDCONNECT CORP. (NASDAQ:CCN)
CardConnect Corp., formerly FinTech Acquisition Corp., is a provider of payment processing and technology solutions. The Company has developed advanced payment solutions using point-to-point encryption (P2PE) and tokenization. The Company’s small-to-midsize business offering, CardPointe, is a platform that includes a reporting and transaction management portal, which extends to a native mobile application. For enterprise-level organizations, CardSecure integrates omni-channel payment acceptance into several enterprise resource planning (ERP) systems, such as Oracle, SAP, JD Edwards and Infor M3. The Company’s product, CardSecure, accepts both magnetic stripe and chip cards. The device can be plugged to Ethernet/Internet outlet. The Company’s customers use CardPointe to view and manage transactions in real-time on any computer or mobile device. CardSecure P2PE protects the network and connected device from being compromised by malicious malware. CARDCONNECT CORP. (NASDAQ:CCN) Recent Trading Information
CARDCONNECT CORP. (NASDAQ:CCN) closed its last trading session 00.00 at 13.90 with 63,235 shares trading hands.
