Form 8-K - Current report

 

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): September 23, 2024

 

BEAM GLOBAL

(Exact Name of Registrant as Specified in Charter)

 

Nevada		000-53204		26-1342810
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

5660 Eastgate Drive, San Diego, CA	92121
(Address of Principal Executive Offices)	(Zip Code)

 

Registrant’s telephone number, including area code: [phone]

 

___________________________________________________

(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 Stock		BEEM		NASDAQ Capital Market

 

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

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. ☐

 

 

 

 

 

Item 5.07.

Submission of Matters to a Vote of Security Holders.

 

The Beam Global 2024 Annual Meeting of Stockholders was held at Beam Global’s headquarters on September 23, 2024 and stockholders holding and entitled to vote 8,134,825 shares of common stock of the Company, or approximately 55.63% of the outstanding shares on the record date for the 2024 Annual Meeting, were present either by attendance or by proxy. At the 2024 Annual Meeting, the Company’s stockholders voted on the proposals below, which are described in more detail in the Company’s definitive proxy statement for the 2024 Annual Meeting that was filed with the U.S. Securities and Exchange Commission on August 9, 2024 (the “Proxy Statement”).

 

The final results for each of the matters considered at the Annual Meeting were as follows: 

 

Proposal 1 - Election of Directors:

 

The four individuals listed below were elected at the 2024 Annual Meeting to serve for a one-year term on the Company’s Board of Directors:

 

	Number of Shares	Number of Shares
Nominee	Voted For	Withheld
Desmond Wheatley	3,301,183	156,487
Judy Krandel	3,298,930	158,740
Anthony Posawatz	3,187,405	270,265
George Syllantavos	3,297,549	160,121

 

Proposal 2 - Advisory Vote on the Compensation of the Company’s Named Executive Officers:

 

The compensation of the Company’s named executive officers as described in the Proxy Statement was approved, on an advisory, non-binding basis, by the following votes:

 

For	Against	Abstain	Broker Non-Votes
3,134,936	224,584	98,150	4,677,155

 

Proposal 3 - Ratification of Independent Registered Public Accounting Firm:

 

The ratification of the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2024 was approved by the following votes:

 

For	Against	Abstain
7,874,610	189,152	71,063

 

 

 

 

 

2

 

 

SIGNATURES

 

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

 

	BEAM GLOBAL
Dated:  September 26, 2024	By:	/s/ Lisa A. Potok
	Name:	Lisa A. Potok
	Title:	Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

3

 

Cover	Sep. 23, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Sep. 23, 2024
Entity File Number	000-53204
Entity Registrant Name	BEAM GLOBAL
Entity Central Index Key	0001398805
Entity Tax Identification Number	26-1342810
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	5660 Eastgate Drive
Entity Address, City or Town	San Diego
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92121
City Area Code	(858)
Local Phone Number	799-4583
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock
Trading Symbol	BEEM
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false

---