SOCIAL REALITY, INC. (NASDAQ:SRAX) Files An 8-K Submission of Matters to a Vote of Security Holders

SOCIAL REALITY, INC. (NASDAQ:SRAX) 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.

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On December 29, 2017, Social Reality, Inc. (“Company”) held its 2017 Annual Meeting (“Annual Meeting”) at 11:00 a.m. Pacific Time at 456 Seaton Street, Los Angeles, California 90013. Only stockholders of record as of the close of business on December 7, 2017 (“Record Date”) were entitled to vote at the Annual Meeting. As of the Record Date, 9,325,430 shares of the Company’s Class A common stock were issued, outstanding and entitled, of which 5,080,739 shares were represented, in person or by proxy, and which constituted a quorum. The final results of the stockholder vote on each proposal brought before the meeting were as follows:

(a) Proposal 1. The following individuals were elected as directors to serve for a one-year term expiring at the 2018 Annual Meeting based upon the following votes:

Broker

Nominee

Votes For

Votes Withheld

Non-Votes

Christopher Miglino

4,894,850

5,085

Kristoffer Nelson

4,894,935

5,000

Mark Savas

4,894,935

5,000

Malcolm CasSelle

4,889,850

10,085

Robert Jordan

4,889,935

10,000

Colleen DiClaudio

4,894,935

5,000

(b) Proposal 2. The ratification of RBSM LLP, the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017 was ratified based upon the following votes:

Broker

Votes For

Votes Against

Abstentions

Non-Votes

5,070,722

10,017

(c) Proposal 3. The approval of, to NASDAQ Listing Rule 5635(d), the issuance of shares of our Class A common stock upon the conversion of outstanding 12.5% senior secured convertible debentures issued by the company in a private placement in October 2017 that may be equal to or exceed 20% of our Class A common stock outstanding was approved based upon the following votes:

Broker

Votes For

Votes Against

Abstentions

Non-Votes

4,887,613

7,190

5,132

(d) Proposal 4. The non-binding advisory vote on executive compensation was approved based upon the following votes:

Broker

Votes For

Votes Against

Abstentions

Non-Votes

4,340,101

546,802

13,032

(e) Proposal 5. The non-binding advisory vote on the frequency of holding future advisory votes on execution compensation received the following votes:

1 Year

2 Years

3 Years

Abstentions

Broker Non-Votes

3,397,254

639,243

348,360

514,699

Accordingly, to the foregoing, the Company will take such results under advisement for determining the frequency of future advisory votes on executive compensation.


About SOCIAL REALITY, INC. (NASDAQ:SRAX)

Social Reality, Inc. is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands. Its technology assists publishers in delivering their media inventory to the RTB exchanges. It provides the SRAX platform to brands and their advertising agencies. SRAX Social is a social media and loyalty platform that allows brands to launch and manage their social media initiatives. SRAX MD is an advertisement targeting and data platform for healthcare brands and medical content publishers. SRAX APP is a platform that allows publishers and content owners to launch native mobile applications through its SRAX platform.

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