UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 7, 2023
LANTRONIX, INC.
(Exact Name of Registrant as Specified in Charter)
| Delaware | | 1-16027 | | 33-0362767 |
(State or other jurisdiction
of incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
| | | | | |
48 Discovery, Suite 250
Irvine, California 92618 |
| (Address of Principal Executive Offices, including zip code) |
| | | | | |
| Registrant’s telephone number, including area code: (949) 453-3990 |
| |
| Not Applicable |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol | Name of each exchange on which registered |
| Common Stock, $0.0001 par value | LTRX | The Nasdaq Stock Market LLC |
| | | | |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act. ☐
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
| | | | |
(a)Lantronix, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”) on November 7, 2023.
(b)At the Annual Meeting, the Company’s stockholders (a) elected four nominees, Philip Brace, Jason Cohenour, Phu Hoang and Hoshi Printer, to the Board of Directors of the Company to serve until the Company’s 2024 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified, or until their earlier resignation or removal (“Election of Directors”), (b) ratified the appointment of Baker Tilly US, LLP as the Company’s independent registered public accountants for the fiscal year ending June 30, 2024 (“Auditor Ratification”), and (c) approved, on an advisory basis, the compensation of the Company’s named executive officers as set forth in the Company’s definitive proxy statement filed with the SEC on October 2, 2023 (“Advisory Compensation Vote”). Set forth below are the final voting tallies for the Annual Meeting:
Election of Directors
| | | For | | Against | | Abstain | | Broker Non-Votes |
| Philip Brace | | 18,149,790 | | 763,935 | | 19,422 | | 8,477,414 |
| Jason Cohenour | | 17,904,945 | | 1,006,209 | | 21,993 | | 8,477,414 |
| Phu Hoang | | 15,714,184 | | 3,108,250 | | 110,713 | | 8,477,414 |
| Hoshi Printer | | 15,886,042 | | 3,026,645 | | 20,460 | | 8,477,414 |
Auditor Ratification
| For | | Against | | Abstain |
| 27,118,702 | | 274,891 | | 16,968 |
Advisory Compensation Vote
| For | | Against | | Abstain | | Broker Non-Votes |
| 16,520,449 | | 2,335,810 | | 76,888 | | 8,477,414 |
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 hereunto duly authorized.
| | | LANTRONIX, INC. |
| | | | |
| | | By: | /s/ Jeremy Whitaker |
| | | | Jeremy Whitaker Interim Chief Executive Officer and Chief Financial Officer |
Date:November 7, 2023
