LIQUIDITY SERVICES,INC. (NASDAQ:LQDT) 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.
On February 21, 2019 Liquidity Services, Inc. (the “Company”) held its 2019 Annual Meeting of Stockholders (the “Annual Meeting”), to notice duly given. The matters voted upon at the Annual Meeting and the final voting results are as follows:
1.Election of Directors.
|
DirectorNominees |
VotesFor |
VotesWithheld |
BrokerNon-Votes |
|
William P. Angrick, III |
23,478,610 |
913,957 |
3,566,712 |
|
Edward J. Kolodzieski |
23,454,628 |
937,939 |
3,566,712 |
Each director nominee was duly elected to serve until the Annual Meeting of Stockholders in 2022 or until the director’s successor has been duly elected and qualified.
2.Ratification of Ernst& Young LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2019.
|
Votes For |
27,426,592 |
|
Votes Against |
498,349 |
|
Abstentions |
34,338 |
|
Broker Non-Votes |
Stockholders ratified the selection of Ernst& Young LLP as the Company’sIndependent Registered Public Accounting Firm for Fiscal 2019.
3.Approval of an Advisory Resolution on Executive Compensation.
|
Votes For |
23,720,054 |
|
Votes Against |
667,674 |
|
Abstentions |
4,839 |
|
Broker Non-Votes |
3,566,712 |
Stockholders approved the advisory resolution on executive compensation.
About LIQUIDITY SERVICES,INC. (NASDAQ:LQDT)
Liquidity Services, Inc. operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an automated environment. The Company employs e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The Company’s marketplaces provide professional buyers access to a global supply of new, surplus and scrap assets presented with digital images and other relevant product information. Additionally, the Company enables its corporate and government sellers to enhance their financial return on assets offered for sale by providing a liquid marketplace and value-added services. The Company’s range of services include program management, valuation, asset management, reconciliation, Return to Vendor and Returns Management Authorization (RTV and RMA), refurbishment and recycling, fulfillment, marketing and sales, warehousing and transportation, buyer customer support, and compliance and risk mitigation.