Business Context and Reporting Period
This Form 8-K filing by Retractable Technologies, Inc. (RVP) reports on the Annual Meeting of Shareholders held as a virtual meeting on June 22, 2020. The company is incorporated in Texas and its common stock trades on the NYSE American.
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 or operational updates are disclosed in this filing. The primary event reported is the successful election of three Class 2 Directors.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It strictly details the voting outcomes for the shareholder meeting.
Important Facts for Investors
- Meeting Date: The Annual Meeting was conducted virtually on June 22, 2020.
- Director Election: All three nominees for Class 2 Directors (Thomas J. Shaw, Walter O. Bigby, Jr., and John W. Fort III) were elected.
- Voting Results:
- Thomas J. Shaw: 21,959,707 votes for; 332,919 votes withheld.
- Walter O. Bigby, Jr.: 21,956,238 votes for; 336,388 votes withheld.
- John W. Fort III: 21,805,145 votes for; 487,481 votes withheld.
- Abstentions: There were zero abstentions and zero broker non-votes recorded for the director elections.