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): August 12, 2021
Lightstone Value Plus Real Estate Investment Trust V, Inc.
(Exact Name of Registrant as Specified in Charter)
| Maryland | | 000-53650 | | 20-8198863 |
(State or other jurisdiction of
incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer
Identification No.) |
1985 Cedar Bridge Avenue, Suite 1,
Lakewood, New Jersey 08701
(Address of principal executive offices) (Zip Code)
(732) 367-0129
(Registrant’s telephone number, including area code)
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: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
On August 12, 2021, Lightstone Value Plus Real Estate Investment Trust V, Inc. (the “Company”) held its annual meeting of stockholders. According to the inspector of elections, a total of 7,802,660 shares of the Company’s common stock outstanding and entitled to vote were represented at the meeting in person or by proxy, representing approximately 39% of the total number of shares entitled to vote at the meeting. The voting results, as certified by the inspector of elections, are as follows:
Proposal 1 - Election of Directors.
The Company’s stockholders elected seven directors of the Company to hold office until the next annual meeting of stockholders and until their successors have been duly elected and qualified. Stockholders voted as follows:
| | | FOR | | WITHHELD | | BROKER NON-VOTES |
| Andreas K. Bremer | | 6,096,939 | | 508,644 | | 1,197,077 |
| Diane S. Detering-Paddison | | 6,107,441 | | 498,142 | | 1,197,077 |
| Jeffrey F. Joseph | | 6,096,435 | | 509,148 | | 1,197,077 |
| David Lichtenstein | | 6,110,413 | | 495,170 | | 1,197,077 |
| Jeffrey P. Mayer | | 6,109,656 | | 495,927 | | 1,197,077 |
| Cynthia Pharr Lee | | 6,086,713 | | 518,870 | | 1,197,077 |
| Steven Spinola | | 6,088,417 | | 517,166 | | 1,197,077 |
Proposal 2 - Ratification of Selection of Auditors.
The stockholders ratified the appointment of EisnerAmper LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2021. Stockholders voted as follows:
| FOR | | AGAINST | | ABSTAIN |
| 7,313,794 | | 157,183 | | 331,683 |
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.
| | LIGHTSTONE VALUE PLUS REAL ESTATE INVESTMENT TRUST V, INC. |
| | | |
| Date: August 16, 2021 | By: | /s/ Seth Molod |
| | Seth Molod |
| | Chief Financial Officer and Treasurer |
