ENVIROSTAR, INC. (NYSEMKT:EVI) 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.

On December 11, 2018, the Board of Directors of EnviroStar, Inc. (the “Company”) approved the following changes to the titles of certain of the Company’s executive officers to better align the titles with the functions performed by the applicable executive officers:

After giving effect to these changes, the Company does not have an officer serving with the title of Chief Operating Officer.

Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company’s 2018 Annual Meeting of Stockholders (the “Annual Meeting”) was held on December 11, 2018. The sole item of business at the Annual Meeting was a vote on the election of eight directors, each for a term expiring at the Company’s 2019 Annual Meeting of Stockholders. The Company’s Board of Directors nominated each of the Company’s eight incumbent directors for election at the Annual Meeting, and the Company’s stockholders approved the election of each of the eight director nominees. A summary of the voting results is set forth below.

Proposal: Election of Directors

Item 8.01 Other Events.

On December 11, 2018, the Company’s Board of Directors approved a special cash dividend on the Company’s common stock of $0.13 per share. The dividend is payable on January 8, 2019 to stockholders of record at the close of business on December 26, 2018.

In addition, on December 11, 2018, the Company’s Board of Directors approved changing the Company’s corporate name from EnviroStar, Inc. to EVI Industries, Inc. The name change will become effective upon filing of the related amendment to the Company’s Certificate of Incorporation with the State of Delaware. The Company expects to file the amendment on or about Friday, December 21, 2018. Following the filing of the amendment, the Company will issue a separate press release announcing the effectiveness of the name change and file a separate Current Report on Form 8-K, which will include a copy of the amendment. The name change will not impact the ticker symbol of the Company’s common stock, which will continue to trade on the NYSE American under the ticker symbol “EVI.” Under Delaware law, stockholder approval of the name change is not required.

A copy of the press release issued by the Company on December 11, 2018 announcing the special cash dividend and the approval of the name change by the Company’s Board of Directors is filed as Exhibit 99.1 hereto.

EnviroStar, Inc. Exhibit
EX-99.1 2 ex99-1.htm EX-99.1    Exhibit 99.1   From:EnviroStar Inc. 290 NE 68th Street Miami,…
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About ENVIROSTAR, INC. (NYSEMKT:EVI)

EnviroStar, Inc., through its subsidiary, Steiner-Atlantic Corp., distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers manufactured by others; supplies replacement parts and accessories, and provides maintenance services to its customers, and designs and plans turnkey laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers. The Company, through its subsidiary, DRYCLEAN USA License Corp. owns rights to the name DRYCLEAN USA, which it franchises and licenses to retail drycleaners in the United States, the Caribbean and Latin America. It sells a line of commercial and industrial laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, as well as related replacement parts and accessories, and provides maintenance services. It also sells replacement parts and accessories for the products it sells and provides maintenance services to its customers.