Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Coffee Holding Co., Inc. (JVA) on May 13, 2021. The company is incorporated in Nevada and trades on the Nasdaq Capital Market.
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 results.
Material Changes and Voting Results
Three matters were submitted to a vote of security holders:
- Election of Directors: Andrew Gordon, Daniel Dwyer, and Barry Knepper were elected for three-year terms. Barry Knepper received a significantly higher number of withheld votes compared to the other nominees.
- Ratification of Auditors: The appointment of EisnerAmper LLP as the independent registered public accounting firm for the fiscal year ending October 31, 2021, was approved.
- Executive Compensation: The advisory vote on executive compensation was approved.
| Nominee/Proposal | Votes For | Votes Withheld/Against | Abstentions | Broker Non-Votes |
|---|---|---|---|---|
| Andrew Gordon (Director) | 3,301,709 | 195,884 | N/A | 158,260 |
| Daniel Dwyer (Director) | 3,264,165 | 233,428 | N/A | 158,260 |
| Barry Knepper (Director) | 2,764,145 | 733,448 | N/A | 158,260 |
| Ratify Auditor (EisnerAmper LLP) | 3,628,090 | 10,942 | 16,821 | 0 |
| Executive Compensation (Say-on-Pay) | 3,289,492 | 116,912 | 91,189 | 158,260 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific reasons for the high number of withheld votes (733,448) for director nominee Barry Knepper compared to other nominees.
- Confirm the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
- Review the company's most recent 10-K or 10-Q for financial performance data, as this 8-K contains no financial metrics.