secwatch.observer — SEC 8-K summary
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Issuer:     ONE STOP SYSTEMS, INC. (OSS)
CIK:        0001394056
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0001193125-23-148154
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

OSS shareholders reject equity plan share increase; directors face high dissent
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- Plan Amendment to raise authorized shares from 3M to 4.5M failed: 5.2M for, 5.6M against, 2.5M broker non-votes.
- Directors Potashner, Sentovich, Harrison each received more against than for votes (3.9M vs 6.9M, 3.2M vs 7.6M, 3.6M vs 7.1M).
- Auditor Haskell & White LLP ratified for FY2023 with 12.1M for, 150K against.
- David Raun received 6.6M for, 4.2M against; Greg Matz 8.2M for, 2.6M against.
- Plan remains at 3M authorized shares; no further dilution from equity grants until board seeks new approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394056/000119312523148154/0001193125-23-148154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394056/000119312523148154/d466546d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-148154

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