Beam Global 8-K Summary: Annual Meeting Results
Business Context and Reporting Period
This Form 8-K reports the results of the Beam Global 2025 Annual Meeting of Stockholders held on October 21, 2025. The company is incorporated in Nevada and its common stock trades on the NASDAQ Capital Market under the symbol BEEM.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
Stockholders representing approximately 58.38% of outstanding shares (10,298,083 shares) participated in the meeting. All three proposals were approved:
- Proposal 1 (Election of Directors): Four nominees were elected to one-year terms. Votes were as follows:
- Desmond Wheatley: 3,637,589 For, 126,889 Withheld
- Judy Krandel: 3,651,260 For, 113,218 Withheld
- Anthony Posawatz: 3,652,540 For, 111,938 Withheld
- George Syllantavos: 3,608,390 For, 156,088 Withheld
- Proposal 2 (Advisory Vote on Executive Compensation): Approved with 3,395,657 votes For, 312,080 Against, and 56,741 Abstentions. There were 6,533,605 Broker Non-Votes.
- Proposal 3 (Ratification of Auditors): CBIZ CPAs P.C. was ratified for the fiscal year ended December 31, 2025, with 10,175,625 votes For, 64,316 Against, and 58,142 Abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, or specific risk factors. The document serves solely to disclose the voting results.
Key Facts for Investor Verification
- Verify the definitive proxy statement filed on September 10, 2025, for detailed background on the director nominees and executive compensation.
- Confirm the total number of outstanding shares to validate the 58.38% participation rate.
- Note the significant number of Broker Non-Votes (6,533,605) on the executive compensation proposal, indicating shares held by brokers that were not voted due to lack of instructions.
- Confirm the appointment of CBIZ CPAs P.C. as the independent auditor for the 2025 fiscal year.