BT Brands Files 8-K on Security Holder Vote Submission
Ticker: BTBDW · Form: 8-K · Filed: Feb 21, 2024 · CIK: 1718224
Sentiment: neutral
Topics: security-holder-vote, corporate-governance, 8-K
TL;DR
**BT Brands just filed an 8-K about a recent shareholder vote, so keep an eye out for details on what was decided!**
AI Summary
BT Brands, Inc. filed an 8-K on February 21, 2024, reporting on matters submitted to a vote of security holders on February 16, 2024. The filing indicates that the company, formerly known as Burger Time, Inc., is based in West Fargo, ND, and operates in the retail-eating places sector. This 8-K specifically addresses the submission of matters to a vote of security holders, as required by Section 13 or 15(d) of The Securities Exchange Act of 1934.
Why It Matters
This filing signals that BT Brands, Inc. has held a vote among its security holders, which could impact company governance or strategic direction, providing transparency to investors.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a security holder vote, not indicating any immediate negative or positive financial impact.
Key Players & Entities
- BT Brands, Inc. (company) — registrant
- Burger Time, Inc. (company) — former company name
- February 16, 2024 (date) — date of earliest event reported
- February 21, 2024 (date) — filing date
- West Fargo, ND (company) — principal executive offices location
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 16, 2024.
What is the primary purpose of this 8-K filing by BT Brands, Inc.?
The primary purpose of this 8-K filing is the "Submission of Matters to a Vote of Security Holders" as per Item 5.07.
Where are BT Brands, Inc.'s principal executive offices located?
BT Brands, Inc.'s principal executive offices are located at 405 West Main Avenue, Suite 2D, West Fargo, ND 58078.
What was the former name of BT Brands, Inc.?
BT Brands, Inc. was formerly known as Burger Time, Inc.
Under which act is this current report filed?
This current report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 595 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-02-21 12:31:19
Filing Documents
- btbd_8k.htm (8-K) — 40KB
- btbd_8kimg2.jpg (GRAPHIC) — 4KB
- 0001477932-24-000843.txt ( ) — 192KB
- btbd-20240216.xsd (EX-101.SCH) — 6KB
- btbd-20240216_lab.xml (EX-101.LAB) — 16KB
- btbd-20240216_cal.xml (EX-101.CAL) — 1KB
- btbd-20240216_pre.xml (EX-101.PRE) — 12KB
- btbd-20240216_def.xml (EX-101.DEF) — 4KB
- btbd_8k_htm.xml (XML) — 6KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On February 16, 2024, the Company held the Annual Meeting of shareholders for the 2023 fiscal year. As of January 3, 2024, the record date for the Annual Meeting, 6,461,118 shares of common stock were outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 6,000,666 shares of common stock were present in person or represented by proxy, constituting a quorum. The results of the voting are summarized below. Proposal 1: Election of Directors The following nominees were elected to serve for a term of one year or until their successor has been elected and qualified or until their earlier death, resignation or removal. The final voting results are as follows: For Against Abstain Broker Non- Vote Gary Copperud* 3,540,658 21,794 422 2,437,792 Kenneth Brimmer 3,540,509 21,943 422 2,437,792 Allan Anderson 1 3,516,999 45,453 422 2,437,792 Terri Tochihara-Dirks 1,2 3,540,657 21,795 422 2,437,792 Steven W. Schussler 1,2 3,538,629 23,823 422 2,437,792 * Chairperson of the Board of Directors. (1) Current member of the Audit Committee with Mr. Anderson as Chairperson. (2) Current member of the Compensation Committee with Ms. Tochihara-Dirks as Chairperson. Proposal 2: Ratification of the Selection of Independent Registered Public Accounting Firm The appointment of Boulay, PLLP as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2023 was ratified. The final voting results are as follows: For Against Abstain 6,000,554 98 14 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. BT BRANDS, INC. Dated: February 21, 2024 By: /s/ Gary Copperud Gary Copperud Chief Executive Officer 3