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): June 14, 2021
DSP GROUP, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
001-35256
(Commission File Number) | 94-2683643
(I.R.S. Employer Identification No.) |
| | |
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2055 Gateway Place, #480, San Jose, California
(Address of Principal Executive Offices) | 95110
(Zip Code) |
972-9-952-9696
(Registrant’s Telephone Number, Including Area Code)
With a copy to:
Jaclyn Liu, Esq.
Morrison & Foerster llp
425 Market Street
San Francisco, CA 94105
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 240.14d-2(b)) |
| | ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $.001 per share | DSPG | 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 or Rule 12b-2 of the Securities Exchange Act of 1934.
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 2021 Annual Meeting of DSP Group, Inc. (the “Company”) held virtually on June 14, 2021, the following proposals were submitted to a vote of stockholders and the voting results are set forth below. The proposals are described in detail in the proxy statement for the 2021 Annual Meeting that the Company filed with the Securities and Exchange Commission on April 30, 2021.
1. Election of seven directors as specifically set forth below, each to serve until the 2022 annual meeting of stockholders:
| Shira Fayans Birenbaum | For: 19,307,015 | Withheld: 35,907 | Broker Non-Vote:1,612,665 |
| Ofer Elyakim | For: 19,294,822 | Withheld: 48,100 | Broker Non-Vote: 1,612,665 |
| Thomas A. Lacey | For: 18,979,833 | Withheld: 363,089 | Broker Non-Vote: 1,612,665 |
| Cynthia Paul | For: 19,250,708 | Withheld: 92,214 | Broker Non-Vote: 1,612,665 |
| | | | |
| Yair Seroussi | For: 13,449,832 | Withheld: 5,893,090 | Broker Non-Vote: 1,612,665 |
| Norman P. Taffe | For: 18,654,101 | Withheld: 688,821 | Broker Non-Vote: 1,612,665 |
| Kenneth H. Traub | For: 19,031,083 | Withheld: 311,839 | Broker Non-Vote: 1,612,665 |
2. Proposal to ratify the appointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as the Company’s independent auditors for the year ending December 31, 2021:
| For: 20,461,925 | Against: 490,793 | Abstain: 2,869 | Broker Non-Vote: 0 |
3. Advisory vote to approve the Company’s named executive officers compensation:
| For: 18,986,704 | Against: 352,151 | Abstain: 4,067 | Broker Non-Vote: 1,612,665 |
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.
| DSP GROUP, INC. | |
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| Date: June 15, 2021 | By: | /s/ Dror Levy | |
| | Dror Levy | |
| | Chief Financial Officer | |
| | | and Secretary | |
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