---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-016507"
form_type: "8-K"
ticker: "IOR"
cik: "0000949961"
company_name: "INCOME OPPORTUNITY REALTY INVESTORS INC /TX/"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T12:26:50.609679+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Income Opportunity Realty Investors annual meeting: all directors elected, liquidation proposal rejected by 96%

## Summary
- All four director nominees elected with ~90% votes for (Butler, Jakuszewski, Munselle, Lara Celis).
- Ratification of Swalm & Associates as auditor for FY2023 passed (3,793,377 for, 59,316 against).
- Amendment to Article TENTH, Subpart C of Articles approved (3,747,330 for, 97,178 against).
- Stockholder proposal to wind up and liquidate failed: only 153,414 for (3.68%), 3,698,987 against (over 96%).

## SEC filing metadata
- accession: 0001214659-23-016507
- form_type: 8-K
- ticker: IOR
- cik: 0000949961
- company_name: INCOME OPPORTUNITY REALTY INVESTORS INC /TX/
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/949961/000121465923016507/0001214659-23-016507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/949961/000121465923016507/g12152318k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-016507
- JSON: https://secwatch.observer/filing/0001214659-23-016507.json
- Plain text: https://secwatch.observer/filing/0001214659-23-016507.txt

## Key facts
- Shareholder Votes
  INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ shareholders rejected Stockholder proposal to initiate winding up and liquidation of the Issues at the 2023-12-13 meeting.
  - Outcome: failed
  - Meeting: 2023-12-13
  source text: The fourth matter presented at the Annual Meeting was a Stockholder proposal to initiate winding up and liquidation of the Issues which failed by a vote of 153,414 votes FOR (only 3.68%), 3,698,987 votes AGAINST (over 96%), with 12,304 votes ABSTAINED.
  evidence_url: https://www.sec.gov/Archives/edgar/data/949961/000121465923016507/0001214659-23-016507-index.htm
- Shareholder Votes
  INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ shareholders approved Election of Directors at the 2023-12-13 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-12-13
  source text: the following named persons received the number of votes cast for, against or withheld, as well as the number of abstention and broker non-votes: Nominee Name No. of Votes For Of Shares Voted, % For No. of Votes Withheld No. of Votes Abstained Broker Non- Votes Henry A. Butler 3,752,954 90.03% 111,751 - -0- Robert A. Jakuszewski 3,751,115 89.99% 113,590 - -0- Ted R. Munselle 3,740,167 89.73% 124,538 - -0- Fernando Victor Lara Celis 3,751,205 89.99% 113,500 - -0- All of the nominees named above, each of which is currently a director of the Registrant, were elected at such Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/949961/000121465923016507/0001214659-23-016507-index.htm
- Shareholder Votes
  INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ shareholders approved Ratification of the appointment of Swalm & Associates, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2023, and any interim period. at the 2023-12-13 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-12-13
  source text: A total of 3,793,377 votes were cast FOR, 59,316 votes were cast AGAINST, and 12,012 votes ABSTAINED from voting with respect to such proposal. There were no broker non-votes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/949961/000121465923016507/0001214659-23-016507-index.htm
- Shareholder Votes
  INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ shareholders approved Proposal to amend Article TENTH, Subpart C of the Articles of Incorporation. at the 2023-12-13 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-12-13
  source text: The third matter presented to the Annual Meeting was the approval of a proposal to amend Article TENTH, Subpart C of the Articles of Incorporation, which was approved by a vote of 3,747,330 votes cst FOR, 97,178 votes were cast AGAINST and 20,194 votes ABSTAINED. There were no broker non-votes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/949961/000121465923016507/0001214659-23-016507-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.