SEC Filing Summary: Tengasco, Inc. (Form 8-K)
Business Context and Reporting Period
This Form 8-K was filed by Tengasco, Inc. (not Riley Exploration Permian, Inc.) on December 3, 2020, reporting events from its Annual Meeting of Stockholders held on December 1, 2020. The company is incorporated in Delaware and trades on the NYSE American under the symbol TGC.
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 matters and voting results.
Material Changes and Voting Results
The Annual Meeting addressed two primary proposals. As of the record date (October 21, 2020), there were 10,684,416 shares outstanding, with 9,956,968 shares represented at the meeting, constituting a quorum.
- Election of Directors: Matthew K. Behrent, Peter E. Salas, and Richard M. Thon were elected to the Board of Directors. All three received majority support with approximately 5.69 million votes "For" each.
- Ratification of Auditors: The appointment of Moss Adams LLP as the independent certified public accountants for the current fiscal year was approved with 9,459,294 votes "For".
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. No other proposals were presented for a vote.
Key Facts for Investor Verification
- Verify the identity of the registrant as Tengasco, Inc. (TGC), distinct from Riley Exploration Permian, Inc.
- Confirm the successful election of the three nominated directors and the ratification of Moss Adams LLP as auditors.
- Note that this filing contains no financial performance data; refer to the company's 10-K or 10-Q for financial metrics.
- Review the high number of broker non-votes (3,974,219) on the director elections, which may indicate specific proxy voting instructions or lack thereof.