---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-008481"
form_type: "8-K"
ticker: "ELA"
cik: "0000701719"
company_name: "Envela Corp"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:38:25.949804+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Envela Corp. shareholders elect five directors, ratify auditor at 2023 annual meeting

## Summary
- All five director nominees elected: Loftus, DeStefano, Ruth, Schepp, Griffin.
- Whitley Penn LLP ratified as independent auditor for FY 2023 with 23,584,361 votes for.
- Quorum of 87.68% (23,595,343 shares) represented at virtual meeting on June 23, 2023.
- Adjournment proposal approved but not needed as proposals passed.

## SEC filing metadata
- accession: 0001654954-23-008481
- form_type: 8-K
- ticker: ELA
- cik: 0000701719
- company_name: Envela Corp
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701719/000165495423008481/0001654954-23-008481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701719/000165495423008481/ela_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-008481
- JSON: https://secwatch.observer/filing/0001654954-23-008481.json
- Plain text: https://secwatch.observer/filing/0001654954-23-008481.txt

## Key facts
- Shareholder Votes
  Envela Corp shareholders approved Election of each of John R. Loftus, Jim R. Ruth, Alexandra C. Griffin, Allison M. DeStefano and Richard D. Schepp as members of the Board of Directors at the 2023-06-23 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-23
  source text: Proposal One The nominees named in the Proxy Statement (the “Proxy Statement Nominees”) were elected to the Board of Directors to serve until the next annual meeting of Stockholders and until their respective successors are duly-elected and qualified (or until their death, resignation or removal, if earlier). The Proxy Statement Nominees were the only nominees to receive votes for their election at the meeting, and the Proxy Statement Nominees constitute the five nominees receiving the highest number of votes in favor of their election as directors. The results of the vote with respect to their respective elections were as follows: Nominees Votes For Votes Withheld Broker Non-Votes John R. Loftus 22,067,587 8,832 1,518,924 Allison M. DeStefano 22,039,458 36,961 1,518,924 Jim R. Ruth 21,450,584 625,835 1,518,924 Richard D. Schepp 21,527,492 548,927 1,518,924 Alexandra C. Griffin 21,527,703 548,716 1,518,924
  evidence_url: https://www.sec.gov/Archives/edgar/data/701719/000165495423008481/0001654954-23-008481-index.htm
- Shareholder Votes
  Envela Corp shareholders approved Ratification of the appointment of Whitley Penn LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-23 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-23
  source text: Proposal Two The proposal to ratify the Company’s appointment of Whitley Penn LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was approved by the following vote: Votes For Votes Against Abstentions Broker Non-Votes 23,584,361 7,707 3,275 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/701719/000165495423008481/0001654954-23-008481-index.htm
- Shareholder Votes
  Envela Corp shareholders approved Adjournment of the Annual Meeting, if necessary, to solicit additional proxies in favor of proposals one and two at the 2023-06-23 meeting.
  - Outcome: passed
  - Meeting: 2023-06-23
  source text: Proposal Three The proposal to adjourn the Annual Meeting, if necessary, to solicit additional proxies in favor of proposals one and two was approved by the following vote. It was not necessary to adjourn the Annual Meeting as proposals one and two were approved at the Annual Meeting. Votes For Votes Against Abstentions 22,813,172 761,783 20,388
  evidence_url: https://www.sec.gov/Archives/edgar/data/701719/000165495423008481/0001654954-23-008481-index.htm

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