{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-020473","form_type":"8-K","ticker":"NTWK","cik":"0001039280","company_name":"NETSOL TECHNOLOGIES INC","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.717205+00:00","generated_at":"2026-06-14T05:34:46.593393+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"confidence":"high","headline":"NetSol shareholders elect all five director nominees and approve say-on-pay at annual meeting","bullets":["75.15% of outstanding shares (8,492,255) voted; each director received over 75% of votes cast.","Say-on-pay approved with 74.95% of votes cast in favor; annual frequency for future votes received 95.88% support.","Ratification of BF Borgers as auditors for FY 2023 passed with 97.04% of total shares voted in favor.","Broker non-votes excluded from director election and advisory proposals but counted for quorum."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-020473","json":"https://secwatch.observer/filing/0001493152-23-020473.json","markdown":"https://secwatch.observer/filing/0001493152-23-020473.md","text":"https://secwatch.observer/filing/0001493152-23-020473.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223020473/0001493152-23-020473-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223020473/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:34:46.593393+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d7f1ce0828692c86efc5da37dba7208744ebdae","claim":"NETSOL TECHNOLOGIES INC shareholders approved To approve, on an advisory basis, compensation of the named executive officers in this Proxy Statement at the 2023-06-07 meeting.","evidence_excerpt":"2. To approve, on an advisory basis, compensation of the named executive officers in this Proxy Statement: The shareholders approved on an advisory basis the named executive officer compensation.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223020473/0001493152-23-020473-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"600349749ea76570bc3a42dd1bf45d10b5d69f72","claim":"NETSOL TECHNOLOGIES INC shareholders approved Election of Directors at the 2023-06-07 meeting.","evidence_excerpt":"1. Election of Directors The following were elected directors of the Company to hold office until the next Annual General Meeting of the Shareholders.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223020473/0001493152-23-020473-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"6b54ddec44b334bfbe3c63e47026267dfa1fe70c","claim":"NETSOL TECHNOLOGIES INC shareholders approved To approve, on an advisory basis, vote on frequency of Future Shareholders' Votes on Named Executive Officer Compensation at the 2023-06-07 meeting.","evidence_excerpt":"3. To approve, on an advisory basis, vote on frequency of Future Shareholders' Votes on Named Executive Officer Compensation.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223020473/0001493152-23-020473-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"6ca865d7d8d7d6663f79c6ff320fbd876d6563db","claim":"NETSOL TECHNOLOGIES INC shareholders approved Ratification of Appointment of Auditors: BF Borgers, CPA at the 2023-06-07 meeting.","evidence_excerpt":"4. Ratification of Appointment of Auditors: BF Borgers, CPA was appointed as Auditors for the Company for the fiscal year ending June 30, 2023.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039280/000149315223020473/0001493152-23-020473-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}