Paltalk, Inc. Reports on Security Holder Votes

TL;DR

Paltalk shareholders voted on something important, details to follow.

AI Summary

Paltalk, Inc. filed an 8-K on December 30, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain specific details about the votes or outcomes, but it serves as a notification of these events.

Why It Matters

This filing indicates that Paltalk, Inc. has held or is holding votes among its shareholders, which could lead to changes in corporate governance or strategic direction.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial or operational risks.

Key Players & Entities

• PALTALK, INC. (company) — Registrant
• December 30, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value PALT The Nasdaq Capital M

Filing Documents

• ea0225788-8k_paltalk.htm (8-K) — 34KB
• 0001213900-24-113479.txt ( ) — 205KB
• palt-20241230.xsd (EX-101.SCH) — 3KB
• palt-20241230_lab.xml (EX-101.LAB) — 33KB
• palt-20241230_pre.xml (EX-101.PRE) — 22KB
• ea0225788-8k_paltalk_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. On December 30, 2024, the Company held a special meeting of stockholders (the " Special Meeting ") to consider certain proposals related to the Acquisition and the Divestiture. As of the close of business on November 13, 2024, the record date for the Special Meeting, there were 9,236,987 shares of common stock, par value $0.001 per share, of the Company (the " Common Stock "), excluding shares held by the Company as treasury stock, outstanding and entitled to vote at the Special Meeting. At the Special Meeting, the holders of a total of 5,166,198 shares of Common Stock, representing approximately 56% of the shares of Common Stock outstanding and entitled to vote at the Special Meeting, were present or represented by proxy at the Special Meeting, constituting a quorum. The following are the final voting results on proposals considered and voted upon at the Special Meeting, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission (the " SEC ") on November 26, 2024 (the " Proxy Statement "). Proposal 1: To approve, for the purposes of complying with the applicable provisions of Nasdaq Listing Rule 5635, the issuance of an aggregate of 9,000,000 shares of a newly created series of preferred stock, the Series A Non-Voting Common Equivalent Stock of the Company, par value $0.001 per share, in connection with the Acquisition and pursuant to the Acquisition Agreement . Votes Cast For Votes Cast Against Abstentions 5,110,567 50,125 5,506 Proposal 2: To approve the Divestiture pursuant to the Divestiture Agreement, which may be deemed to be a sale of substantially all of the Company's assets under Section 271 of the Delaware General Corporation Law, as amended . Votes Cast For Votes Cast Against Abstentions 5,149,736 12,460 4,002 Proposal 3: To approve, on a non-binding, advisory basis, certain compensatio

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. Date: December 30, 2024 PALTALK, INC. By: /s/ Jason Katz Jason Katz Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR