AEHR Test Systems Files 8-K on Shareholder Vote Matters
Ticker: AEHR · Form: 8-K · Filed: Oct 22, 2024 · CIK: 1040470
| Field | Detail |
|---|---|
| Company | Aehr Test Systems (AEHR) |
| Form Type | 8-K |
| Filed Date | Oct 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: AEHR
TL;DR
AEHR filed an 8-K for shareholder vote matters, nothing major.
AI Summary
AEHR Test Systems filed an 8-K on October 22, 2024, reporting on matters submitted to a vote of security holders as of October 21, 2024. The filing details routine corporate governance matters and does not appear to involve any significant financial transactions or strategic changes.
Why It Matters
This filing indicates routine corporate governance activities, providing transparency to shareholders about matters put to a vote.
Risk Assessment
Risk Level: low — The filing pertains to standard corporate governance and shareholder voting procedures, with no immediate financial or operational risks indicated.
Key Players & Entities
- AEHR TEST SYSTEMS (company) — Registrant
- California (jurisdiction) — State of incorporation
- 400 KATO TERRACE FREMONT , CA 94539 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing for AEHR Test Systems?
The primary purpose of this 8-K filing is to report on matters submitted to a vote of security holders as of October 21, 2024.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is October 21, 2024.
What is the state of incorporation for AEHR Test Systems?
AEHR Test Systems is incorporated in California.
What is the principal executive office address for AEHR Test Systems?
The principal executive office address is 400 KATO TERRACE, FREMONT, CA 94539.
Does this filing indicate any new material agreements or financial changes for AEHR Test Systems?
Based on the provided text, this filing specifically pertains to 'Submission of Matters to a Vote of Security Holders' and does not detail new material agreements or financial changes.
Filing Stats: 600 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-10-22 16:03:52
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share AEHR The NASDAQ Capital M
Filing Documents
- aehr_8k.htm (8-K) — 47KB
- 0001654954-24-013223.txt ( ) — 165KB
- aehr-20241021.xsd (EX-101.SCH) — 6KB
- aehr-20241021_lab.xml (EX-101.LAB) — 14KB
- aehr-20241021_cal.xml (EX-101.CAL) — 1KB
- aehr-20241021_pre.xml (EX-101.PRE) — 9KB
- aehr-20241021_def.xml (EX-101.DEF) — 2KB
- aehr_8k_htm.xml (XML) — 4KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The Annual Meeting of shareholders of Aehr Test Systems (the "Company") was held on October 21, 2024 (the "Annual Meeting"). There were 29,583,732 shares of common stock entitled to vote at the Annual Meeting and 20,060,002 shares were present in person or by proxy. Three items of business were acted upon by the shareholders at the Annual Meeting. The final voting results are as follows: Proposal One: Election of Directors of the Company. VOTES VOTES BROKER NOMINEE FOR WITHHELD NON-VOTES Rhea J. Posedel 11,854,428 1,485,817 6,719,757 Gayn Erickson 13,151,573 188,672 6,719,757 Fariba Danesh 13,174,174 166,071 6,719,757 Laura Oliphant 13,174,367 165,878 6,719,757 Geoffrey G. Scott 12,275,447 1,064,798 6,719,757 Howard T. Slayen 12,225,553 1,114,692 6,719,757 Each of the six nominees was elected to serve as a director until the next Annual Meeting or until his or her successor is elected and qualified. Proposal Two: Ratify the selection, by the Audit Committee of the Board of Directors, of BPM LLP as the Company's independent registered public accounting firm for the fiscal year ending May 30, 2025. VOTES VOTES VOTES BROKER PROPOSAL FOR WITHHELD ABSTAIN NON-VOTES TWO 19,862,906 137,816 59,280 - The foregoing proposal was accordingly ratified. Proposal Three: Approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES THREE 12,837,526 339,095 163,624 6,719,757 The foregoing proposal was approved. 2
SIGNATURES
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. Aehr Test Systems (Registrant) Date: October 22, 2024 By: /s/ Chris P. Siu Chris P. Siu Executive Vice President of Finance and Chief Financial Officer 3