Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 15, 2011, Lenco Mobile Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) at the Company’s offices located at 345 Chapala Street, Santa Barbara, California 93101. As of April 28, 2011, the record date for the Annual Meeting, there were 70,624,382 shares of our common stock outstanding. Each share of our common stock was entitled to one vote at the Annual Meeting. In addition, as of the record date, there were 107,500 shares of our Series A Convertible Preferred Stock outstanding representing the right to 7,421,695 votes at the Annual Meeting. Accordingly, there were shares of our common stock and Series A Convertible Preferred Stock representing 78,046,077 votes eligible to vote at Annual Meeting. Shares of our common stock and Series A Convertible Preferred Stock representing 50,491,889 votes were represented at the Annual Meeting in person or by proxy, constituting a quorum for the Annual meeting. The proposals presented at the Annual Meeting and voting results for the same are set forth below:
Proposal 1 – Election of Directors
By the votes reflected below, our stockholders elected the following individuals to serve as directors until the 2012 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified:
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| Thomas Banks | 49,963,488 | 528,401 | 0 | 0 |
| Philip B. Harris | 50,178,689 | 313,200 | 0 | 0 |
| Michael Levinsohn | 50,178,689 | 313,200 | 0 | 0 |
| James L. Liang | 50,178,689 | 313,200 | 0 | 0 |
| Ronald Wagner | 50,158,489 | 333,400 | 0 | 0 |
Proposal 2 – Ratification of Independent Registered Public Accounting Firm
By the votes reflected below, our stockholders ratified the appointment of SingerLewak as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2011:
| | | |
| 48,989,740 | 215,700 | 1,286,449 | 0 |
Proposal 3 – Advisory Vote on Executive Compensation
By the votes reflected below, our stockholders approved the Company’s executive compensation for the fiscal year ended December 31, 2011, as set forth in the Company’s proxy statement filed with the Securities and Exchange Commission on May 2, 2011:
Proposal 4 – Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation
By the votes reflected below, our stockholders voted in favor of the Company taking an advisory stockholder vote on the Company’s executive compensation every three years:
| | | | |
| 47,570,718 | 1,276,533 | 1,332,938 | 311,700 | 0 |
Item 7.01. Regulation FD Disclosure.
The Company’s management presented the information attached hereto as Exhibit 99.1 at the conclusion of the Annual Meeting. A copy of the investor presentation is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the foregoing information, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information, including Exhibit 99.1, be deemed incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.
The information contained in the slides is summary information that is intended to be considered in the context of the Company’s filings with the SEC and other public announcements that the Company makes, by press release or otherwise, from time to time. The Company undertakes no duty or obligation to publicly update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosure.
Item 9.01. Financial Statements and Exhibits.
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| 99.1 | | Investor Presentation dated June 15, 2011 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: June 15, 2011 | LENCO MOBILE INC. By: /s/ Thomas Banks Thomas Banks Chief Financial Officer |
