Business Context and Reporting Period
This Form 8-K reports on the 2017 Annual Meeting of Stockholders held by Silversun Technologies, Inc. on December 18, 2017. The filing details the outcomes of shareholder votes regarding director elections, auditor ratification, and executive compensation advisory matters. Note: The request metadata references "QXO, Inc.", but the filing text explicitly identifies the registrant as Silversun Technologies, Inc.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report on corporate governance events and does not contain financial statement data.
Material Changes
No material financial changes are reported in this filing. The primary events are the successful election of four directors and the ratification of the independent auditor.
Outlook, Risks, and Management Commentary
- Quorum: Greater than 57.24% of outstanding shares entitled to vote were present, constituting a quorum.
- Director Elections: Mark Meller, Joseph P. Macaluso, Stanley Wunderlich, and John Schachtel were elected to one-year terms on the Board of Directors.
- Auditor Ratification: Stockholders ratified the selection of Friedman LLP as the independent registered public accountant for 2017.
- Executive Compensation: Stockholders approved a non-binding advisory vote to approve executive compensation and voted to hold such advisory votes every 3 years.
Important Facts for Investor Verification
- Verify the correct registrant name (Silversun Technologies, Inc.) against the metadata reference (QXO, Inc.).
- Confirm the specific vote counts for director elections, noting that all four nominees received significant "For" votes (ranging from approximately 2.529 million to 2.536 million).
- Note that the "Say on Pay" frequency was set to every 3 years based on the non-binding advisory vote.
- Review the full proxy statement for detailed executive compensation figures, as this 8-K only reports the vote outcome.