Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Five Oaks Investment Corp. on June 15, 2016. The filing details the submission of matters to a vote of security holders, specifically the election of directors and the ratification of independent auditors. Note: The request metadata references "Lument Finance Trust, Inc.", but the source text explicitly identifies the registrant as "Five Oaks Investment Corp."
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
No material financial changes are reported in this document. The primary events are the successful election of the Board of Directors and the ratification of the independent registered public accountants.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It strictly documents the voting outcomes of the Annual Meeting.
Voting Results Summary
- Director Elections: All five nominees were elected without contest. Significant broker non-votes were recorded for all candidates.
- Auditor Ratification: Grant Thornton LLP was ratified as the independent registered public accountants for the fiscal year ending December 31, 2016.
Director Voting Details
| Nominee | For | Withheld | Broker Non-Votes |
|---|---|---|---|
| David C. Carroll | 6,819,765 | 240,550 | 5,823,864 |
| Neil A. Cummins | 6,748,287 | 312,028 | 5,823,864 |
| William A. Houlihan | 6,743,041 | 317,274 | 5,823,864 |
| Walter C. Keenan | 6,818,411 | 241,904 | 5,823,864 |
| David Oston | 6,744,854 | 315,461 | 5,823,864 |
Auditor Ratification Details
| Vote Type | Count |
|---|---|
| For | 12,631,721 |
| Against | 183,322 |
| Abstain | 69,136 |
Important Facts for Investor Verification
- Verify the registrant name: The filing is for Five Oaks Investment Corp., not Lument Finance Trust, Inc.
- Confirm the high volume of broker non-votes (5,823,864) in the director elections, which may indicate shares held in street name where instructions were not provided.
- Note that Grant Thornton LLP is the appointed auditor for the fiscal year ending December 31, 2016.
- Recognize that this 8-K contains no financial performance data; refer to 10-Q or 10-K filings for financial metrics.