Form 8-K BALLANTYNE STRONG, INC. For: Nov 30

 

 

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

 

November 30, 2020

Date of Report (Date of earliest event reported)

 

BALLANTYNE STRONG, INC.

(Exact name of registrant as specified in its charter)

 

Delaware		1-13906		47-0587703
(State or other jurisdiction of		(Commission		(IRS Employer
incorporation or organization)		File No.)		Identification Number)

 

4201 Congress Street, Suite 175
Charlotte, North Carolina		28209
(Address of principal executive offices)		(Zip Code)

 

(704) 994-8279

(Registrant’s telephone number including area code)

 

Not Applicable

(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, $.01 par value		BTN		NYSE American

 

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.

 

Ballantyne Strong, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on November 30, 2020. There were outstanding and entitled to vote at the Annual Meeting 14,790,374 shares of common stock. There were present, in person or by proxy, 14,392,857 shares, representing approximately 97.3% of the common stock outstanding and entitled to vote. The matters set forth below were voted upon, with the results as indicated:

 

Proposal No. 1 – Election of Directors:

 

The Inspector of Elections certified the following vote tabulations for the six nominees for election to the Board of Directors, all of whom were elected to serve as directors of the Company until the Company’s 2021 annual meeting of stockholders:

 

		For				Withheld				Broker Non-Votes
D. Kyle Cerminara			11,465,707				1,116,094				1,811,056
Lewis M. Johnson			11,567,472				1,014,329				1,811,056
William J. Gerber			11,659,998				921,803				1,811,056
Charles T. Lanktree			11,658,220				923,581				1,811,056
Robert J. Roschman			11,441,067				1,140,734				1,811,056
Ndamukong Suh			11,520,109				1,061,692				1,811,056

 

Proposal No. 2 – Advisory Approval of Executive Compensation:

 

The Inspector of Elections certified the following advisory vote tabulations for the non-binding approval of the compensation of the Company’s Named Executive Officers, as described in the Proxy Statement related to the Annual Meeting:

 

For		Against		Abstain		Broker Non-Votes
11,687,818		837,736		56,247		1,811,056

 

Proposal No. 3 – Ratification of Appointment of Independent Registered Public Accounting Firm:

 

The Inspector of Elections certified the following vote tabulations for the proposal to ratify the appointment of Haskell & White LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020:

 

For		Against		Abstain
13,912,172		466,958		13,727

 

 

SIGNATURES

 

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.

 

	BALLANTYNE STRONG, INC.
Date: November 30, 2020	By:	/s/ Todd R. Major
		Todd R. Major
		Chief Financial Officer

 

 

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