Business Context and Reporting Period
This Form 8-K Current Report from Coffee Holding Co., Inc. (JVA) covers the Annual Meeting of Stockholders held on October 27, 2023. The company is incorporated in Nevada and its common stock trades on the Nasdaq Capital Market.
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 results.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders and approved:
- Election of Directors: David Gordon and John Rotelli were elected for three-year terms.
- Auditor Ratification: Marcum LLP was ratified as the independent registered public accounting firm for the fiscal year ending October 31, 2023.
- Executive Compensation: The advisory vote on executive compensation was approved.
| Proposal | For | Against/Withheld | Abstentions |
|---|---|---|---|
| Election of David Gordon | 2,243,979.34 | 642,087 (Withheld) | N/A |
| Election of John Rotelli | 1,991,587.34 | 894,479 (Withheld) | N/A |
| Ratification of Marcum LLP | 2,827,814.34 | 55,509 | 2,742 |
| Advisory Vote on Compensation | 2,598,496.34 | 107,812 | 746,571 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
- Review the full proxy statement for details on the specific executive compensation packages approved.
- Confirm the tenure and background of the newly elected directors, David Gordon and John Rotelli.
- Check subsequent filings for the company's financial performance for the fiscal year ending October 31, 2023.