TERRAVIA HOLDINGS, INC. (NASDAQ:TVIA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders.
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On May 22, 2017, TerraVia Holdings, Inc. (the “Company”) held its
annual meeting of stockholders (the Annual Meeting). As of March
23, 2017, the record date for the meeting, there were 100,928,901
shares of common stock and 26,750 shares of Series A Preferred
Stock entitled to vote at the Annual Meeting. Set forth below is
a brief description of each matter acted upon by the stockholders
of the Company at the Annual Meeting and the final voting results
for each such proposal. These proposals are described in greater
detail in the Companys Proxy Statement for the Annual Meeting
filed with the Securities and Exchange Commission on March 27,
2017.
annual meeting of stockholders (the Annual Meeting). As of March
23, 2017, the record date for the meeting, there were 100,928,901
shares of common stock and 26,750 shares of Series A Preferred
Stock entitled to vote at the Annual Meeting. Set forth below is
a brief description of each matter acted upon by the stockholders
of the Company at the Annual Meeting and the final voting results
for each such proposal. These proposals are described in greater
detail in the Companys Proxy Statement for the Annual Meeting
filed with the Securities and Exchange Commission on March 27,
2017.
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1.
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The stockholders considered a proposal to elect each of
Jonathan S. Wolfson and Gary M. Pfeiffer to serve until the Companys 2020 annual meeting of stockholders and until their successors are duly elected and qualified. For this proposal, the shares of our common stock and Series A Preferred Stock (on an as-converted basis) voted together as one class. The nominees were elected based upon the following votes: |
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Common Stock and Series A Preferred Stock (as
converted) Voting Together as One Class |
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Nominees
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For
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Withheld
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Broker Non-Votes
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Jonathan S. Wolfson
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23,067,802
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21,497,450
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46,088,433
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Gary M. Pfeiffer
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24,897,471
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19,667,781
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46,088,433
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2.
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The stockholders considered a proposal to amend our Amended
and Restated Certificate of Incorporation to increase the authorized shares of our common stock from 225,000,000 shares to 337,500,000 shares. Approval of this proposal required the affirmative vote of a majority of the outstanding shares of our common stock and our Series A Preferred Stock (on an as-converted basis) voting together as one class, and a majority of the outstanding shares of our common stock as a separate class. The proposal was approved based upon the following votes: |
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Common Stock and Series A Preferred Stock (as
converted) Voting Together as One Class |
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For
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Against
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Abstain
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82,328,981
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7,532,943
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791,761
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Common Stock Voting as a Separate Class
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For
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Against
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Abstain
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74,953,981
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7,532,943
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791,761
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3.
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The stockholders considered a proposal to ratify the
appointment of Deloitte Touche LLP as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2017. This proposal was approved based upon the following votes: |
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Common Stock and Series A Preferred Stock (as
converted) Voting Together as One Class |
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For
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Against
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Abstain
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89,856,800
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535,683
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261,202
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TERRAVIA HOLDINGS, INC. (NASDAQ:TVIA) Recent Trading Information
TERRAVIA HOLDINGS, INC. (NASDAQ:TVIA) closed its last trading session down -0.004 at 0.311 with 2,039,405 shares trading hands.
