8-K
filed May 12, 2026, 4:15 PM ET
ticker MPX
CIK 0001129155
M&A
confidence high
sentiment positive
materiality 1.00
Marine Products stockholders approve merger with MasterCraft; closing expected May 15, 2026
MARINE PRODUCTS CORP
- At special meeting on May 12, 2026, 30.5M shares voted FOR the merger agreement (86.5% of quorum).
- HSR Act waiting period expired April 6, 2026; antitrust clearance condition satisfied.
- Merger expected to close on or about May 15, 2026, subject to other closing conditions.
- Non-binding advisory compensation proposal and adjournment proposal also approved.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MARINE PRODUCTS CORP shareholders approved Approval and adoption of the Merger Agreement and the transactions contemplated thereby, including the Mergers at the 2026-05-12 meeting.
- Proposal
- merger approval
- Outcome
- passed
- Meeting
- 2026-05-12
Exact text from the filing
Merger Agreement Proposal For Against Abstentions 30,470,005 331,629 15,834
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MARINE PRODUCTS CORP shareholders approved Adjournment of the Special Meeting from time to time, if necessary or appropriate, to solicit additional proxies at the 2026-05-12 meeting.
- Outcome
- passed
- Meeting
- 2026-05-12
Exact text from the filing
Adjournment Proposal For Against Abstentions 30,306,178 430,017 81,272
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MARINE PRODUCTS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation that may be paid or become payable to the named executive officers in connection with the transactions contemplated by the Merger Agreement at the 2026-05-12 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-12
Exact text from the filing
Merger-Related Compensation Proposal For Against Abstentions 30,268,825 500,445 48,194
View on SEC.gov
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