Business Context and Reporting Period
This Form 8-K filing by Emerson Radio Corp. was submitted on February 16, 2016. The report addresses corporate governance matters regarding the scheduling of the Company's annual meeting of stockholders for the fiscal year ended March 31, 2016.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report on a specific corporate event and does not contain financial performance data.
Material Changes
The primary material change disclosed is the determination of the date and record date for the upcoming Annual Meeting. The meeting is scheduled for March 30, 2016, which is more than 30 days from the anniversary of the previous year's meeting (held October 8, 2014). Consequently, specific deadlines for shareholder proposals and director nominations have been established.
Guidance, Outlook, and Corporate Actions
- Annual Meeting Date: March 30, 2016 (Time and location to be determined).
- Record Date: February 23, 2016 (for determining stockholders entitled to notice and vote).
- Shareholder Proposal Deadline: Written notice must be received by March 1, 2016 for inclusion in proxy materials under Rule 14a-8.
- Director Nomination Deadline: Written notice must be received by March 10, 2016 pursuant to the Company's bylaws.
- Submission Address: 3 University Plaza, Suite 405, Hackensack, NJ 07601.
Key Facts for Investor Verification
- Verify the exact time and location of the Annual Meeting once disclosed in the proxy statement.
- Confirm the March 1, 2016 deadline for submitting shareholder proposals under Rule 14a-8.
- Confirm the March 10, 2016 deadline for submitting director nominations under the Company's bylaws.
- Note that the record date for voting eligibility is February 23, 2016.