---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-013805"
form_type: "8-K"
ticker: "SUIG"
cik: "0001425355"
company_name: "SUI Group Holdings Ltd."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T19:29:20.241578+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Mill City Ventures III shareholders re-elect all directors, approve advisory say-on-pay every three years

## Summary
- All five directors elected with at least 3.45M votes for; no broker non-votes.
- Advisory vote on executive compensation approved (3.47M for, 302K against).
- Shareholders chose triennial frequency for advisory say-on-pay (1.91M for 3 years vs 1.73M for 1 year).
- Company will hold advisory vote on named executive officer compensation every three years.

## SEC filing metadata
- accession: 0001654954-23-013805
- form_type: 8-K
- ticker: SUIG
- cik: 0001425355
- company_name: SUI Group Holdings Ltd.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425355/000165495423013805/0001654954-23-013805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425355/000165495423013805/mcvt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-013805
- JSON: https://secwatch.observer/filing/0001654954-23-013805.json
- Plain text: https://secwatch.observer/filing/0001654954-23-013805.txt

## Key facts
- Shareholder Votes
  SUI Group Holdings Ltd. shareholders approved To elect five members to the Board of Directors at the 2023-10-31 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-10-31
  source text: To elect five members to the Board of Directors, each to serve for a one-year term: Name Votes For Votes Against Abstentions Broker Non-Votes Lyle A. Berman 3,747,140 0 25,422 0 Joseph A. Geraci, II 3,747,806 0 24,756 0 Howard P. Liszt 3,456,979 0 315,583 0 Douglas M. Polinsky 3,760,830 0 11,732 0 Laurence S. Zipkin 3,760,799 0 11,763 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1425355/000165495423013805/0001654954-23-013805-index.htm
- Shareholder Votes
  SUI Group Holdings Ltd. shareholders approved To approve, on an advisory basis, the compensation paid to the company's named executives at the 2023-10-31 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-10-31
  source text: To approve, on an advisory basis, the compensation paid to the company's named executives: Votes For Votes Against Abstentions Broker Non-Votes 3,469,344 301,573 1,645 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1425355/000165495423013805/0001654954-23-013805-index.htm
- Shareholder Votes
  SUI Group Holdings Ltd. shareholders approved To approve, on an advisory basis, the frequency with which the company's shareholders will provide an advisory vote on the compensation paid to the company's named executives at the 2023-10-31 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-10-31
  source text: To approve, on an advisory basis, the frequency with which the company's shareholders will provide an advisory vote on the compensation paid to the company's named executives: Votes for 1 Year Votes for 2 Years Votes For 3 Years Abstentions Broker Non-Votes 1,730,713 135,154 1,906,093 602 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1425355/000165495423013805/0001654954-23-013805-index.htm

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