FIVE OAKS INVESTMENT CORP. (NYSE:OAKS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
The annual meeting of stockholders (the “Annual Meeting”) of Five Oaks Investment Corp. (the “Company”) was held on July 12, 2017. At the Annual Meeting, a total of 14,890,759 shares of the Company's common stock were present in person or represented by proxy, and the following items were submitted to a vote of, and approved by, the Company’s stockholders: (1) election of five directors to the Company’s Board of Directors, to serve as directors until the next annual meeting and until their respective successors are duly elected; and (2) ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accountants for the fiscal year ending December 31, 2017. The final voting results with respect to each of the foregoing matters are set forth below.
| 1. |
Each of the five nominees listed below was elected, without contest, as a member of the Board of Directors of the Company at the Annual Meeting, to serve as a director until the next annual meeting and until his their respective successors are duly elected. The voting results for each of the nominees for director were as follows: |
| Nominee | For | Withheld | Broker Non-Votes |
| David C. Carroll | 7,129,214 | 338,777 | 7,422,768 |
| Neil A. Cummins | 6,908,709 | 559,282 | 7,422,768 |
| William A. Houlihan | 6,821,169 | 646,823 | 7,422,768 |
| Walter C. Keenan | 6,907,574 | 560,417 | 7,422,768 |
| David Oston | 7,029,173 | 438,818 | 7,422,768 |
| 2. | The appointment of Grant Thornton LLP as the Company’s independent registered public accountants for the fiscal year ending December 31, 2017 was ratified based upon the following votes: |
| For | Against | Abstain | Broker Non-Votes |
| 14,501,721 | 198,423 | 190,614 | N/A |
About FIVE OAKS INVESTMENT CORP. (NYSE:OAKS)
Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS. The Company finances its investments in Agency RMBS, Multi-Family MBS, residential mortgage loans and Non-Agency RMBS primarily through short-term borrowings structured as repurchase agreements. The Company is externally managed and advised by Oak Circle Capital Partners LLC.
