Aeluma, Inc. Form 8-K Summary
Business context and reporting period
Aeluma, Inc. filed a Current Report on Form 8-K on June 7, 2022, reporting the results of its annual shareholders meeting held June 6, 2022. The filing concerns corporate governance matters and does not report quarterly or annual financial results.
Key financial and operating metrics
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other financial performance metrics. It states that Rose, Snyder & Jacobs LLP was re-appointed as the independent auditor for the year ending June 30, 2022, with the Board authorized to determine the auditor’s remuneration.
Material changes versus the prior comparable period
No material financial or operating changes versus a prior period are disclosed.
Shareholder votes, outlook, and risks
- 7,419,019 shares, representing 69.66% of the voting power entitled to vote, were represented at the meeting, constituting a quorum.
- Steven DenBaars was re-elected as a director to serve until the 2023 annual meeting: 7,394,019 votes for and 25,000 withheld.
- John Paglia was re-elected as a director to serve until the 2023 annual meeting: 7,017,264 votes for and 401,755 withheld.
- The auditor re-appointment proposal was approved unanimously: 7,419,019 votes for, with no votes against or abstentions.
- All proposals were approved. The filing provides no management guidance, business outlook, contingencies, or unusual items.
Important facts for investors to verify
- Review subsequent filings for the company’s financial results for the year ending June 30, 2022.
- Confirm the continued composition of the Board and any changes in director responsibilities.
- Review future filings for the independent auditor’s fees and any reported liquidity, financing, or going-concern matters.