Diversicare Healthcare Services, Inc. (NASDAQ:DVCR) 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.
Diversicare Healthcare Services, Inc. (NASDAQ:DVCR) Files An 8-K Submission of Matters to a Vote of Security Holders
(a) The Company’s annual meeting of shareholders was held on June 5, 2019 at the Company’s corporate offices. As of the record date, there were a total of 6,682,260 shares of Common Stock outstanding and entitled to vote at the annual meeting. At the annual meeting, 6,269,727 shares of Common Stock were represented in person or by proxy; therefore, a quorum was present.
(b) Set forth below are the matters acted upon by the Company’s shareholders at the annual meeting and the final voting results on each such matter.
(1) The nominees named below were elected to serve as members of the Board of Directors of the Company for a one-year term until the 2020 annual meeting of shareholders and until their successors are duly elected and qualified, and the voting results were as follows:
(2) The compensation paid to the Company’s named executive officers was approved with the following voting results:
(3) The selection of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019 was ratified, and the voting results were as follows:
About Diversicare Healthcare Services, Inc. (NASDAQ:DVCR)
Diversicare Healthcare Services, Inc. provides post-acute care services to nursing center patients and residents in approximately nine states, primarily in the Southeast and the Southwest United States. The Company’s post-acute care services to patients and residents include skilled nursing, ancillary healthcare services and assisted living. In addition to the nursing, personal care and social services that are provided in long-term care centers, the Company offers a range of rehabilitative, respiratory and other ancillary services. The Company’s operations consist of approximately 60 nursing and senior housing centers with approximately 6,060 licensed nursing beds. Its nursing centers range in size from 48 to 320 licensed nursing beds. The nursing centers provide nursing healthcare services, including nutrition services, recreational therapy, social services and laundry services. The Company operates in Alabama, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee and Texas.
