MEDALLION FINANCIAL CORP. (NASDAQ:MFIN) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM5.07.
|
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |
Medallion Financial Corp. (the Company) held its annual meeting
of stockholders (the Annual Meeting) on June22, 2017. A summary
of the matters voted on at the Annual Meeting by the Companys
stockholders is set forth below.
1. The following individuals were elected to the Companys Board
of Directors to serve as Class III Directors until the 2020
annual meeting of stockholders by the following votes:
|
|
|
|
|
|||
|
|
6,797,904 | 1,790,129 | 12,267,292 | |||
|
|
5,241,868 | 3,286,165 | 12,267,292 |
2. The Companys stockholders ratified the appointment of Mazars
USA LLP as the Companys independent registered public accounting
firm by the following votes:
|
|
|
|
|
|||
|
|
1,209,153 | 241,016 |
3. The Companys stockholders approved a non-binding advisory
resolution to approve executive compensation by the following
votes:
|
|
|
|
|
|||
|
|
3,370,268 | 427,246 | 12,267,292 |
2
About MEDALLION FINANCIAL CORP. (NASDAQ:MFIN)
Medallion Financial Corp. is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. The Company operates in lending and investing operations segment. It originates and services medallion, secured commercial, and consumer loans, and invests in both marketable and nonmarketable securities. The Company’s subsidiary, Medallion Bank, also originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, trailers, and to finance small-scale home improvements. The Company also conducts business through its asset-based lending division, Medallion Business Credit, an originator of loans to small businesses for the purpose of financing inventory and receivables.
