Business Context and Reporting Period
This Form 8-K filing by Conifer Holdings Inc. (noted as Presurance Holdings, Inc. in metadata) reports on the results of the 2017 Annual Meeting of Shareholders held on May 17, 2017. The report was filed on May 22, 2017.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
As of the March 20, 2017 record date, 7,633,069 shares of common stock were outstanding. At the Annual Meeting, 7,113,746 shares were represented, constituting a quorum. The certified results for the proposals were:
- Proposal 1: Election of Directors
- Nicholas J. Petcoff: 3,959,116 votes For; 486,088 votes Withheld; 2,668,542 Broker Non-Votes.
- Mark McCammon: 3,969,372 votes For; 477,832 votes Withheld; 2,666,542 Broker Non-Votes.
- Proposal 2: Ratification of Auditors
- Deloitte & Touche, LLP: 7,095,809 votes For; 17,889 votes Against; 48 votes Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document serves solely to disclose the outcome of shareholder votes.
Important Facts for Investors to Verify
- Confirmation that Nicholas J. Petcoff and Mark McCammon were elected to the Board of Directors for terms expiring in 2020.
- Confirmation that Deloitte & Touche, LLP was ratified as the independent registered public accounting firm for 2017.
- Verification of the high number of broker non-votes (over 2.6 million) regarding the director elections.
- Review of the Proxy Statement dated April 7, 2017, for detailed background on the proposals.