Business Context and Reporting Period
This Form 8-K reports on the results of the 2024 Annual Meeting of Stockholders held by Intellinetics, Inc. on June 20, 2024. The company is incorporated in Nevada and its common stock trades on the NYSE American under the symbol INLX.
Key Financial Metrics
This filing is a current report regarding corporate governance events and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes and Voting Results
The filing details the voting outcomes for three proposals submitted at the Annual Meeting. A total of 4,230,806 shares were outstanding on the record date, with 1,949,984 shares present to constitute a quorum.
Proposal 1: Election of Directors
All six nominees were elected to serve one-year terms. The voting results were as follows:
| Nominee | For | Withheld | Broker Non-Votes |
|---|---|---|---|
| James F. DeSocio | 1,777,028 | 4,087 | 168,869 |
| Roger Kahn | 1,724,130 | 56,985 | 168,869 |
| John Guttilla | 1,777,028 | 4,087 | 168,869 |
| Stanley P. Jaworski, Jr. | 1,738,176 | 42,939 | 168,869 |
| Paul Seid | 1,777,035 | 4,080 | 168,869 |
| Michael N. Taglich | 1,724,130 | 56,985 | 168,869 |
Proposal 2: Approval of 2024 Equity Incentive Plan
Stockholders approved the adoption of the Intellinetics Inc. 2024 Equity Incentive Plan.
- For: 1,746,447
- Against: 34,644
- Abstain: 24
- Broker Non-Votes: 168,869
Proposal 3: Ratification of Independent Auditor
Stockholders ratified the appointment of GBQ Partners LLC as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
- For: 1,936,999
- Against: 12,985
- Abstain: 0
Guidance, Outlook, and Risks
This filing does not contain management commentary, financial guidance, outlook, risk factors, or contingencies. It is strictly a report of the Annual Meeting voting results.
Key Facts for Investor Verification
- Meeting Date: June 20, 2024.
- Quorum Status: Achieved with 1,949,984 shares present out of 4,230,806 outstanding.
- Board Composition: All six director nominees were successfully elected.
- Compensation Plan: The 2024 Equity Incentive Plan was approved by a significant majority.
- Auditor: GBQ Partners LLC was ratified as the independent auditor for the 2024 fiscal year.
- Broker Non-Votes: 168,869 shares were recorded as broker non-votes for the director election and equity plan proposals.