Business Context and Reporting Period
This Form 8-K Current Report from Jerash Holdings (US), Inc. covers the annual meeting of stockholders held on September 15, 2023. The filing primarily reports on the election of directors and the submission of matters to a vote of security holders.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The material event reported is the outcome of the director elections at the annual meeting. Five directors were elected to serve until the 2024 annual meeting. The voting results are as follows:
- Choi Lin Hung: 8,056,657 votes for; 68,916 votes withheld.
- Wei ("Kitty") Yang: 8,063,621 votes for; 61,952 votes withheld.
- Ibrahim H. Saif: 8,031,857 votes for; 93,716 votes withheld.
- Bill Korn: 7,995,263 votes for; 130,310 votes withheld.
- Mak Chi Yan: 7,985,586 votes for; 139,987 votes withheld.
There were zero broker non-votes for any of the director nominees.
Guidance, Outlook, and Risks
The filing does not provide management guidance, financial outlook, risk factors, or contingencies. It references a press release issued on September 18, 2023, which is attached as Exhibit 99.1, but the text of that release is not included in this summary.
Investor Verification Checklist
- Verify the term length of the newly elected directors (until the 2024 annual meeting).
- Review the attached press release (Exhibit 99.1) for any additional corporate announcements made on September 18, 2023.
- Confirm the total number of shares voted and the percentage of votes withheld for each director nominee.