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 Act of 1934
Date of Report (Date of earliest event reported): August 11, 2023
Superior Drilling Products, Inc.
(Exact name of registrant as specified in its charter)
Utah | | 001-36453 | | 46-4341605
|
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
1583 South 1700 East Vernal, Utah | | 84078 |
| (Address of principal executive offices) | | (Zip Code)
|
(435) 789-0594
(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 (see General Instruction A.2. below):
| | ☐ | 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 240.14-2(b)) |
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| | ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CRF 240.133-4(c)) |
Securities Registered Pursuant to Section 12(b) of the Exchange Act:
| Title of each class: | | Trading Symbol(s) | | Name of each exchange on which registered: |
| Common Stock, $0.001 par value | | SDPI | | NYSE American |
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.
At the Annual Meeting of Stockholders of Superior Drilling Products, Inc. on August 11, 2023, two Class III directors were elected for a term expiring on the date of the annual meeting for the year ended December 31, 2026. As to the nominees for director, the results of the voting were as follows:
| Name of Nominee | | Number of Votes Voted For | | Number of Votes Withheld | | Number of Broker Non-Votes |
| G. Troy Meier | | 18,212,372 | | 239,249 | | 5,575,483 |
| Robert Iversen | | 13,788,144 | | 4,663,480 | | 5,575,483 |
The result of the vote on the ratification of Moss Adams LLP as the Company’s independent registered public accounting firm was as follows:
Number of Votes Voted For | | Number of Votes Voted Against | | Number of Votes Abstaining | | Number of
Broker Non-Votes |
| 23,856,126 | | 33,848 | | 137,130 | | 0 |
SIGNATURE
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.
| | Superior Drilling Products, Inc. |
| | |
| Dated: August 11, 2023 | /s/ Christopher D. Cashion |
| | Christopher D. Cashion |
| Chief Financial Officer |
