Business Context and Reporting Period
This Form 8-K reports on the 2016 Annual Meeting of Stockholders held by Applied Optoelectronics, Inc. on May 27, 2016. The filing details the voting results for director elections and the ratification of the independent auditor.
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
Of the 17,069,534 shares eligible to vote, 13,985,893 shares (81.93%) were represented. The voting results were as follows:
- Proposal 1: Election of Class III Directors
- Chih-Hsiang (Thompson) Lin: 9,281,741 For; 0 Against; 769,320 Withheld.
- Richard Black: 9,326,772 For; 0 Against; 724,289 Withheld.
- Min-Chu (Mike) Chen: 9,331,684 For; 0 Against; 719,377 Withheld.
- All three nominees were elected.
- Proposal 2: Ratification of Independent Auditor
- Grant Thornton LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2016.
- Votes For: 13,843,996; Votes Against: 131,958; Votes Abstaining: 9,939.
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 official appointment of Grant Thornton LLP as the auditor for the fiscal year ending December 31, 2016.
- Confirm the tenure and responsibilities of the newly elected Class III directors: Chih-Hsiang (Thompson) Lin, Richard Black, and Min-Chu (Mike) Chen.
- Note the high level of shareholder participation (81.93%) and the overwhelming support for both proposals.