Form 8-K - Current report

0001387467false00013874672024-11-072024-11-07

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

_________________________________

FORM 8-K

 

_________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 7, 2024

 

 _________________________________

Alpha and Omega Semiconductor Limited

(Exact name of registrant as specified in its charter)

 

  

Bermuda

001-34717

77-0553536

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

Clarendon House

2 Church Street

Hamilton HM 11

Bermuda

(Address of principal registered offices)

[phone]

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Shares			AOSL			The NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 5.07. Submission of Matters to a Vote of Security Holders.

    On November 7, 2024, Alpha and Omega Semiconductor Limited (the “Company”) held its Annual General Meeting of Shareholders (the “Annual Meeting”) at which shareholders voted on four proposals and cast their votes as described below. Details of the proposals are described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on September 25, 2024. There were present at the Annual Meeting, represented by proxy or in person, holders of 26,182,254 common shares, constituting a quorum.

Proposal 1

    The following nine directors were elected to serve on the Board of Directors of the Company (the “Board”) until the 2025 Annual General Meeting of Shareholders or until their respective successors have been duly elected and qualified, as set forth below:

DIRECTORS						FOR						WITHHELD						BROKER NON-VOTES
Mike F. Chang						22,392,997						205,851						3,583,406
Lucas S. Chang						22,391,662						207,186						3,583,406
Stephen C. Chang						22,506,436						92,412						3,583,406
Claudia Chen						22,382,991						215,857						3,583,406
So-Yeon Jeong						22,514,728						84,120						3,583,406
Hanqing (Helen) Li						22,546,015						52,833						3,583,406
King Owyang						22,203,834						395,014						3,583,406
Michael L. Pfeiffer						22,445,253						153,595						3,583,406
Michael J. Salameh						22,333,938						264,910						3,583,406

Proposal 2

The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement, by the following votes:    

FOR						AGAINST						ABSTAIN						BROKER NON-VOTES
22,084,913						498,247						15,688						3,583,406

Proposal 3

The Company’s shareholders approved an amendment to and restatement of the Company's 2018 Omnibus Incentive Plan to increase the number of common shares authorized for issuance under such plan, by the following votes:

FOR						AGAINST						ABSTAIN						BROKER NON-VOTES						UNCAST
21,639,818						948,615						10,415						3,583,406						—

Proposal 4

The Company’s shareholders ratified and approved the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm, and authorized the Board, acting through its audit committee, to determine the remuneration of such accounting firm, for the fiscal year ending June 30, 2025, by the votes set forth below:

FOR						AGAINST						ABSTAIN						BROKER NON-VOTES						UNCAST
26,162,007						15,732						4,515						—						—

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: November 12, 2024

Alpha and Omega Semiconductor Limited
By:						/s/    Yifan Liang
Name:						Yifan Liang
Title:						Chief Financial Officer and Corporate Secretary

Cover Cover	Nov. 07, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	Nov. 07, 2024
Entity Registrant Name	Alpha and Omega Semiconductor Limited
Entity Incorporation, State or Country Code	D0
Entity File Number	001-34717
Entity Tax Identification Number	77-0553536
Entity Address, Address Line One	Clarendon House
Entity Address, Address Line Two	2 Church Street
Entity Address, City or Town	Hamilton
Entity Address, Postal Zip Code	HM 11
Entity Address, Country	BM
City Area Code	408
Local Phone Number	830-9742
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Shares
Trading Symbol	AOSL
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false
Entity Central Index Key	0001387467
Amendment Flag	false

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