Townsquare Media, Inc. (NYSE:TSQ) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders
On May 14, 2018, Townsquare Media, Inc. (the “Company”) held its 2018 Annual Meeting of Stockholders (the “Annual Meeting”). As of the record date of March 19, 2018, there were 13,837,676 shares of Class A common stock (each entitled to one vote per share) and 3,022,484 shares of Class B common stock (each entitled to ten votes per share) outstanding and entitled to notice of and to vote at the Annual Meeting. The matters voted upon at the Annual Meeting and the results of the voting are set forth below (expressed in number of votes).
Proposal 1 – Reelection of B. James Ford, David Lebow, and Bill Wilson as Directors
Stockholders approved the reelection of B. James Ford, David Lebow, and Bill Wilson, each to serve as a director for a three-year term expiring at the 2021 Annual Meeting of Stockholders (and until his successor is duly elected and qualified). The voting results for this proposal were as follows:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
|
B. James Ford |
32,639,219 |
2,433,718 |
17,404 |
2,711,812 |
|
David Lebow |
32,774,994 |
2,301,943 |
13,404 |
2,711,812 |
|
Bill Wilson |
32,958,699 |
2,119,812 |
11,830 |
2,711,812 |
Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm
Stockholders ratified the appointment of RSM US LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2018. The voting results were as follows:
|
For |
Against |
Abstain |
|
37,704,869 |
36,800 |
60,484 |
About Townsquare Media, Inc. (NYSE:TSQ)
Townsquare Media, Inc. is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Company’s Local Advertising segment offers broadcast, digital and mobile advertising within its local markets. The Company’s Live Events segment consists of a range of live events, which the Company creates, promotes and produces, including music concerts, multi-day music festivals, fairs, consumer expositions and trade shows, athletic events, lifestyle events and other forms of entertainment. The Company reports the remainder of its business in its Other Media and Entertainment category, which principally provides digital marketing solutions, e-commerce solutions and digital advertising services nationally. The Company’s assets include radio stations, live events, and digital, mobile, video and social media properties.
