Business Context and Reporting Period
This Form 8-K filing by Retractable Technologies, Inc. reports on the Annual Meeting of Shareholders held on September 7, 2018. The company is incorporated in Texas and is headquartered in Little Elm, Texas.
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
No material financial changes or operational updates were disclosed in this filing. The primary event reported is the successful election of the Class 2 directors.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or contingencies. It strictly details the voting outcomes for the election of directors.
Important Facts for Investors
- All three Class 2 director nominees (Thomas J. Shaw, Douglas W. Cowan, and Walter O. Bigby, Jr.) were elected.
- There were zero abstentions and zero broker non-votes recorded for the director elections.
- Approximately 13.7% to 14.2% of votes were withheld for each director nominee.
- The report was signed by Douglas W. Cowan, Vice President, Chief Financial Officer, and Chief Accounting Officer, on September 10, 2018.
Director Election Results
| Director Nominee | Votes For | Votes Withheld | Abstentions/Non-Votes |
|---|---|---|---|
| Thomas J. Shaw | 16,741,792 | 2,663,464 | 0 |
| Douglas W. Cowan | 16,636,929 | 2,768,327 | 0 |
| Walter O. Bigby, Jr. | 16,742,792 | 2,662,464 | 0 |