EMERSON RADIO CORP. (NYSEMKT:MSN) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
|
Submission of Matters to a Vote of Security Holders. |
On November16, 2016, Emerson Radio Corp. (the Company) held its
annual meeting of stockholders (the Annual Meeting). At the
Annual Meeting, 23,482,230 shares of the Companys common stock
were represented either in person or by proxy, which is equal to
86.56% of the Companys outstanding common stock as of the
October24, 2016, record date.
The following three proposals, each of which is described in
detail in the Companys definitive proxy statement filed with the
Securities and Exchange Commission on October26, 2016, were
before the meeting, and they received the following votes:
Proposal 1: Election of Directors The number of votes
for, withheld and all shares as to which brokers indicated that
they did not have authority to vote with respect to each director
nominee were as follows:
|
Nominee |
Votes For |
Votes Withheld |
Broker Non-Votes |
|||
|
Christopher Ho |
15,946,650 | 2,927,140 | 4,608,440 | |||
|
Duncan Hon |
15,965,526 | 2,908,264 | 4,608,440 | |||
|
Michael Binney |
15,965,054 | 2,908,736 | 4,608,440 | |||
|
Kareem E. Sethi |
18,345,953 | 527,837 | 4,608,440 | |||
|
Kin Yuen |
18,351,728 | 522,062 | 4,608,440 |
Proposal 2: Ratification of the Appointment of MSPC Certified
Public Accountants and Advisors, A Professional Corporation as
the Independent Registered Public Accountants of the Company for
the fiscal year ending March31, 2017 The final number of
votes cast for, against or abstaining and broker non-votes were
as follows:
|
Votes For |
Votes Against |
Votes Abstained |
Broker Non-Votes |
|||
|
23,243,408 |
210,512 | 28,310 |
Proposal 3: Approval of an Advisory Resolution on the Fiscal
2016 Compensation of the Named Executive Officers of the
Company The final number of votes cast for, against or
abstaining and broker non-votes were as follows:
|
Votes For |
Votes Against |
Votes Abstained |
Broker Non-Votes |
|||
|
18,498,725 |
344,436 | 30,629 | 4,608,440 |
About EMERSON RADIO CORP. (NYSEMKT:MSN)
Emerson Radio Corp. designs, sources, imports and markets a range of houseware and consumer electronic products. The Company also licenses its trademarks for a range of products around the world. Its product and branded categories consist of Houseware Products, which include microwave ovens and compact refrigerators; Audio Products, including clock radios, and Other, which consists of televisions, mobile and landline telephones and accessories, tablet computers and accessories, cameras and video cameras and accessories, and miscellaneous electronic and novelty products. Its product categories include bottle openers and wine coolers, microwaves, small appliances and refrigeration. Its products include bottle cooler/warmer, electric wine bottle opener, table-top electronic wine cooler, 700W microwave oven, coffee/espresso/capuccino maker and 3.1 CU.FT. compressor type compact fridge. Its trademarks include Emerson, Emerson Research, H.H. Scott, iDEA, IDIVA, Olevia, Scott and SmartSet. EMERSON RADIO CORP. (NYSEMKT:MSN) Recent Trading Information
EMERSON RADIO CORP. (NYSEMKT:MSN) closed its last trading session up +0.013 at 0.790 with 13,146 shares trading hands.