WSI Industries, Inc. (NASDAQ:WSCI) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
WSI Industries, Inc. (the “Company”) issued a press release on December 20, 2017 disclosing material non-public information regarding its results of operations for the first quarter of fiscal year 2018. The Company hereby furnishes the press release, which is attached hereto as Exhibit 99.1.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company held its 2018 Annual Meeting of Shareholders (the “Annual Meeting”) on December 20, 2017 at 213 Chelsea Road, Monticello, Minnesota, beginning at 1:00 p.m., local time. Of the 2,959,940 shares of the Company’s common stock outstanding and entitled to vote at the Annual Meeting, 2,714,020 shares were present either in person or by proxy. The final results of voting for each matter submitted to a vote of shareholders at the Annual Meeting are set forth below.
Proposal 1. To elect four directors to hold office until the next Annual Meeting of Shareholders or until their successors are elected and shall qualify.
| Nominee | For | Withhold | Broker Non-Vote |
| James D. Hartman | 1,171,683 | 270,772 | 1,271,565 |
| Burton F. Myers II | 1,171,821 | 270,634 | 1,271,565 |
| Michael J. Pudil | 1,292,643 | 149,812 | 1,271,565 |
| Jack R. Veach | 1,171,846 | 270,609 | 1,271,565 |
The Company’s shareholders elected all nominees named in the proxy statement for the meeting to the Company’s board of directors, each to serve until the next annual meeting of shareholders or until their successors are elected and shall qualify.
Proposal 2. To ratify and approve the appointment of Schechter Dokken Kanter Andrews & Selcer Ltd. as independent public accountants for the fiscal year ending August 26, 2018.
| For | Against | Abstain | Broker Non-Vote |
| 2,502,615 | 44,893 | 166,512 | -0- |
The appointment of Schechter Dokken Kanter Andrews & Selcer Ltd. was ratified and approved.
Item 9.01 Financial Statements And Exhibits.
WSI INDUSTRIES, INC. ExhibitEX-99.1 2 ex99-1.htm For Immediate Release WSI Industries Reports Fiscal 2018 First Quarter Financial Results Sales & Earnings Increase Over Prior Year December 20,…To view the full exhibit click here
About WSI Industries, Inc. (NASDAQ:WSCI)
WSI Industries, Inc. is involved in the precision machining and assembly of complex parts and components business. The Company primarily serves a range of markets, including aerospace, avionics, defense, energy and power sports. It offers a range of engineering, design, machining, sourcing, assembly, shipping and project management solutions. The Company caters its services to a range of industries, such as engine components, energy, aerospace, defense, semiconductor, medical and others. It offers precision machining and complex assembly for power sports and other engine and powertrain components, including all-terrain vehicle (ATV), automotive, marine engines, motorcycle, personal watercraft, flight controls, passive defense, commercial off the shelf (COTS), projectiles, special forces devices, deoxyribonucleic acid (DNA) sequencers, imaging and forensics technologies. It is engaged in small engine development, radar/microwave tracking and general aviation, among others.
