Hanover Bancorp Reports Shareholder Vote Matters

TL;DR

HNVR filed an 8-K for a shareholder vote, but details are scarce.

AI Summary

Hanover Bancorp, Inc. (HNVR) filed an 8-K on March 5, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain specific details about the proposals voted on or the outcomes, but it fulfills the requirement for reporting such events.

Why It Matters

This filing indicates that Hanover Bancorp held a shareholder vote, a standard corporate governance event. The lack of specific details means investors cannot assess the impact of the vote from this report alone.

Risk Assessment

Risk Level: low — The filing is a procedural report on a shareholder vote without disclosing specific outcomes or financial implications, thus posing minimal immediate risk.

Key Players & Entities

• Hanover Bancorp, Inc. (company) — Registrant
• 0001828588 (company) — Central Index Key
• March 5, 2024 (date) — Date of earliest event reported
• 80 East Jericho Turnpike, Mineola, New York 11501 (address) — Principal executive offices
• 516.548.8500 (phone_number) — Registrant's telephone number

FAQ

Filing Documents

• hnvr-20240305x8k.htm (8-K) — 65KB
• 0001558370-24-002560.txt ( ) — 183KB
• hnvr-20240305.xsd (EX-101.SCH) — 3KB
• hnvr-20240305_lab.xml (EX-101.LAB) — 16KB
• hnvr-20240305_pre.xml (EX-101.PRE) — 10KB
• hnvr-20240305x8k_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 March 5, 2024, Hanover Bancorp, Inc. (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting"), for which the Board of Directors solicited proxies. At the Annual Meeting, the shareholders voted on the proposals set forth below. On January 23, 2024, the record date for the Annual Meeting, there were a total of 7,229,404 shares of common stock outstanding and entitled to vote at the Annual Meeting. A total of 6,168,056 shares of common stock were represented in person or by proxy at the Annual Meeting. The proposals voted on and approved by the shareholders at the Annual Meeting, and the final voting results with respect to such proposals, were as follows: Proposal 1: The election of three persons to serve as directors for three year terms. The following is a list of the directors elected at the Annual Meeting with the number of votes For and Withheld, as well as the number of Broker Non-Votes: 2 For Withheld Broker Non-Votes Varkey Abraham 5,551,837 221,630 394,589 Ahron H. Haspel 5,028,573 744,894 394,589 Robert Golden 5,531,041 242,426 394,589 Proposal 2: The reincorporation of the Company from the State of New York to the State of Maryland was approved. The number of votes For and Against with regard to this proposal, as well as the number of abstentions and Broker Non-Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 4,806,407 919,958 47,102 394,589 Proposal 3: As part of the reincorporation, an amendment to the Charter of the Surviving Corporation to permit the Board of Directors to increase or decrease the number of authorized shares and the number of shares of any class or series of the Company was approved. The number of votes For and Against with regard to this proposal, as well as the number of abstentions and Broker Non-Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 4,540,055 1,173,633 59,779

View Full Filing

View this 8-K filing on SEC EDGAR