Virtra, Inc. 8-K Summary: Annual Meeting Results
Business Context and Reporting Period
This Form 8-K reports the results of Virtra, Inc.'s 2024 Annual Meeting of Stockholders held on October 21, 2024. The company is incorporated in Nevada and trades on the NASDAQ Capital Market under the symbol VTSI.
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
The following matters were submitted to a vote of security holders:
- Election of Directors: All five nominees were elected to the Board of Directors for a one-year term.
- John F. Givens II: 4,500,100 For; 100,531 Withheld.
- Jeffrey D. Brown: 2,977,136 For; 1,623,495 Withheld.
- Gregg C.E. Johnson: 3,067,640 For; 1,532,991 Withheld.
- Michael T. Ayers: 4,545,872 For; 54,759 Withheld.
- Lt. Gen. (R) Maria R. Gervais: 4,569,974 For; 30,657 Withheld.
- Ratification of Independent Auditors: Stockholders ratified the appointment of Haynie & Company as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
- For: 7,256,374
- Against: 10,821
- Abstain: 23,437
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares entitled to vote versus the number of votes cast to assess shareholder participation rates.
- Note the significant number of broker non-votes (2,690,001) recorded for the director elections, which may indicate shares held in street name where brokers lacked discretionary voting authority.
- Confirm the tenure of the newly elected directors, which is one year until the next annual meeting.
- Review the upcoming fiscal year audit engagement with Haynie & Company.