BT Brands, Inc. Files 8-K on Security Holder Vote
Ticker: BTBDW · Form: 8-K · Filed: Dec 10, 2024 · CIK: 1718224
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, filing
Related Tickers: BTBD
TL;DR
BT Brands (BTBD) filed an 8-K on Dec 10th about a shareholder vote that happened Dec 6th.
AI Summary
BT Brands, Inc. filed an 8-K on December 10, 2024, reporting on a matter submitted to a vote of its security holders on December 6, 2024. The filing indicates that the company, formerly known as Burger Time, Inc., is based in West Fargo, ND.
Why It Matters
This filing informs investors about a significant decision or event that required shareholder approval, impacting corporate governance and potentially future company actions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 000-56113 — SEC File Number (Identifies the company's filing history with the SEC.)
- 90-1495764 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- BT Brands, Inc. (company) — Registrant
- Burger Time, Inc. (company) — Former company name
- December 6, 2024 (date) — Date of earliest event reported
- December 10, 2024 (date) — Date of report
FAQ
What specific matter was submitted to a vote of BT Brands, Inc. security holders on December 6, 2024?
The filing indicates that a matter was submitted to a vote of security holders on December 6, 2024, but the specific details of the vote are not provided in this excerpt.
When was BT Brands, Inc. formerly known as Burger Time, Inc.?
The filing states that the company's former name was Burger Time, Inc., with a date of name change in 20180815 and 20170928.
What is the principal executive office address for BT Brands, Inc.?
The principal executive offices are located at 405 West Main Avenue, Suite 2D, West Fargo, ND 58078.
What is the SIC code for BT Brands, Inc.?
The Standard Industrial Classification (SIC) code for BT Brands, Inc. is 5812, which corresponds to RETAIL-EATING PLACES.
What is the filing date of this 8-K report?
This 8-K report was filed on December 10, 2024.
Filing Stats: 688 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-12-10 14:53:11
Filing Documents
- btbd_8k.htm (8-K) — 51KB
- btbd_8kimg2.jpg (GRAPHIC) — 4KB
- 0001477932-24-007967.txt ( ) — 200KB
- btbd-20241206.xsd (EX-101.SCH) — 6KB
- btbd-20241206_lab.xml (EX-101.LAB) — 16KB
- btbd-20241206_cal.xml (EX-101.CAL) — 1KB
- btbd-20241206_pre.xml (EX-101.PRE) — 12KB
- btbd-20241206_def.xml (EX-101.DEF) — 4KB
- btbd_8k_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On December 6, 2024, the Company held the Annual Meeting of shareholders for the 2024 fiscal year. As of October 18, 2024, the record date for the Annual Meeting, 6,246,118 shares of common stock were outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 6,171,937 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/Withheld Broker Non-Vote Gary Copperud 2,583,471 2,100 622 2,437,792 Kenneth Brimmer* 2,837,322 18,249 622 2,437,792 Allan Anderson 1 2,824,824 30,747 622 2,437,792 Terri Tochihara-Dirks 1,2 2,850,291 2,100 622 2,437,792 Fred Croci 1,2 2,850,471 2,100 622 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: Approval of Amendment to Articles of Incorporation to Increase Authorized Shares of Common Stock from 50,000,000 to 150,000,000. For Against Abstain/Withheld 4,850,613 111,924 -0- Proposal 3: 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/Withheld 4,923,023 7,335 32,179 Proposal 4: Non-binding advisory vote on the 2023 compensation paid by the Company to the named executive officers as disclosed in the proxy
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: December 10, 2024 By: /s/ Kenneth Brimmer Kenneth Brimmer Chief Financial Officer 2