REVEN HOUSING REIT, INC. (NASDAQ:RVEN) 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 |
We held an annual meeting of stockholders on June 1, 2017, for
purposes of:
Electing nine directors, each to serve until our 2018 Annual Meeting of Stockholders; and |
Ratifying the appointment of Squar Milner LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2017. |
All of the persons nominated to serve on our board of directors,
namely Chad M. Carpenter, Jon Haahr, Xiaofan Bai, Xiaohang Bai,
Siyu Lan, Christopher Gann, Yifeng Huang, Xinghua Wang and Zhen
Luo, were elected to our board of directors, with shares voted as
follows:
Shares voted for | Shares withheld | |||||||
Chad M. Carpenter | 7,699,841 | |||||||
Jon Haahr | 7,000,071 | |||||||
Xiaofan Bai | 7,000,071 | |||||||
Xiaohang Bai | 7,000,071 | |||||||
Siyu Lan | 7,000,071 | |||||||
Christopher Gann | 7,000,071 | |||||||
Yifeng Huang | 7,000,071 | |||||||
Xinghua Wang | 7,699,841 | |||||||
Zhen Luo | 7,699,841 |
There were 394,900 broker non-votes in the election of directors.
In addition, our shareholders ratified the appointment of Squar
Milner LLP as our independent registered public accounting firm
for the fiscal year ending December 31, 2017, with shares voted
as follows:
Shares voted for | 8,092,196 | |||
Shares against | 2,450 | |||
Shares abstaining |
There were no broker non-votes on the ratification of our
independent registered public accounting firm.
About REVEN HOUSING REIT, INC. (NASDAQ:RVEN)
Reven Housing REIT, Inc. is a holding company. The Company is an internally managed real estate investment trust. It is engaged in the acquisition, ownership and operation of portfolios of leased single family homes in the United States. Its objective is to generate cash flow and distribute resulting profits to its stockholders in the form of distributions, while gaining home price appreciation at the same time through the ownership of its portfolio properties. It operates its portfolio properties as single family rentals (SFRs), and generates its revenue from rental income from the existing tenants of the SFRs. As of December 31, 2015, it owned a total of 527 homes, of which 256 homes were in the Jacksonville, Florida metropolitan area; 168 homes were in the Houston, Texas metropolitan area; 94 homes were in the Memphis, Tennessee metropolitan area (with two of the Memphis homes located across the border in Mississippi), and nine homes were in the Atlanta, Georgia metropolitan area.