Worksport 2023 annual meeting: all director nominees elected, auditor ratified

Worksport Ltd

All five director nominees (Steven Rossi, Lorenzo Rossi, Loverock, Caragol, Siegel) elected; CEO Rossi controls 51% voting power via Series A Preferred Stock.
Ratification of Lumsden & McCormick as independent auditor for FY2023 approved with 22,812,658 votes for, 98,578 against, 71,798 abstentions.
Adjournment proposal approved (22,518,031 for, 375,948 against, 89,055 abstentions) to allow further proxy solicitation if needed.
Total voting shares represented: 22,983,034 (64.32% of outstanding); 100 shares of Series A Preferred Stock (51% vote) held by CEO Steven Rossi.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Worksport Ltd shareholders approved Ratification of the selection of Lumsden & McCormick, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-12-12 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-12-12

Exact text from the filing

Ratification of the selection of Lumsden & McCormick, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 : Votes For Votes Against Abstentions 22,812,658 98,578 71,798

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Worksport Ltd shareholders approved Election of the five nominees to the Board at the 2023-12-12 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-12-12

Exact text from the filing

Election of the five nominees to the Board: Name Votes For Votes Against Withheld Broker Non-Votes Steven Rossi 20,082,288 0 126,518 2,774,228 Lorenzo Rossi 20,056,495 0 152,311 2,774,228 Craig Loverock 19,867,925 0 340,881 2,774,228 William Caragol 19,869,546 0 339,260 2,774,228 Ned L. Siegel 19,865,416 0 343,390 2,774,228

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Worksport Ltd shareholders approved Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate at the 2023-12-12 meeting.

Outcome: passed
Meeting: 2023-12-12

Exact text from the filing

Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate Votes For Votes Against Abstentions 22,518,031 375,948 89,055

View on SEC.gov

63 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Worksport Ltd filing history →

Source: SEC EDGAR

accession 0001493152-23-045098

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