Twin Vee shareholders vote to approve merger with TVPC and increase authorized shares to 75M

Twin Vee PowerCats, Co.

Proposal 1 (Merger Agreement) passed with 5,752,258 votes for, 57,631 against, 2,050 abstentions.
Proposal 5 (increase authorized common stock from 50M to 75M) passed with 6,219,087 for, 397,953 against.
Neil Ross and Bard Rockenbach elected as Class I directors for three-year terms.
Ratification of Grassi & Co. as independent auditor for FY2022 approved (6,615,540 for).
Company anticipates merger closing in next few days following satisfaction of remaining conditions.

item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Twin Vee PowerCats, Co. shareholders approved Approval of the Agreement and Plan of Merger at the 2022-11-29 meeting.

Proposal: merger approval
Outcome: passed
Meeting: 2022-11-29

Exact text from the filing

Proposal 1 — Approval of the Merger Agreement Votes For Votes Against Abstentions Broker Non-Votes 5,752,258 57,631 2,050 816,889

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Twin Vee PowerCats, Co. shareholders approved Approval of amendment to certificate of incorporation to increase authorized shares of common stock from 50,000,000 to 75,000,000 at the 2022-11-29 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2022-11-29

Exact text from the filing

Proposal 5 — Approval of the Amendment to the Certificate of Incorporation of Twin Vee to increase the authorized shares of common stock from 50,000,000 to 75,000,000 if the Board of Directors deems it advisable Votes For Votes Against Abstentions Broker Non-Votes 6,219,087 397,953 11,788 —

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Twin Vee PowerCats, Co. shareholders approved Ratification of the selection of Grassi & Co. CPAs, P.C. as independent registered public accounting firm for fiscal year ending December 31, 2022 at the 2022-11-29 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2022-11-29

Exact text from the filing

Proposal 4 — Ratification of the Selection of the Independent Registered Public Accounting Firm Votes For Votes Against Abstentions Broker Non-Votes 6,615,540 1,561 11,727 —

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Twin Vee PowerCats, Co. shareholders approved Election of Neil Ross and Bard Rockenbach as Class I directors for a three-year term at the 2022-11-29 meeting.

Proposal: director election
Outcome: passed
Meeting: 2022-11-29

Exact text from the filing

Proposal 3 — Election of Neil Ross and Bard Rockenbach to serve on the Twin Vee board of directors as Class I directors for a three-year term For Withheld Broker Non-Votes Neil Ross 5,356,318 455,621 816,889 Bard Rockenbach 5,436,218 375,721 816,889

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

Twin Vee PowerCats, Co. filing history →

Source: SEC EDGAR

accession 0001731122-22-002076

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