Mannatech Files 8-K on Security Holder Vote Matters
Ticker: MTEX · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1056358
| Field | Detail |
|---|---|
| Company | Mannatech Inc (MTEX) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
TL;DR
Mannatech is holding a shareholder vote.
AI Summary
Mannatech, Incorporated filed an 8-K on June 14, 2024, reporting an event that occurred on June 13, 2024. The filing pertains to a submission of matters to a vote of security holders. The company is incorporated in Texas and its principal executive offices are located in Flower Mound, Texas.
Why It Matters
This filing indicates that Mannatech, Inc. is engaging in a process that requires a vote from its security holders, which could lead to significant corporate actions or changes.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote event and does not inherently indicate financial distress or significant operational changes.
Key Players & Entities
- Mannatech, Incorporated (company) — Registrant
- Texas (location) — State of Incorporation
- Flower Mound, Texas (location) — Principal Executive Offices
FAQ
What specific matters will be submitted for a vote of security holders?
The filing does not specify the exact matters to be voted on, only that a submission of matters to a vote of security holders is the event being reported.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on June 13, 2024.
What is Mannatech, Inc.'s principal business address?
Mannatech, Inc.'s principal executive offices are located at 1410 Lakeside Parkway, Suite 200, Flower Mound, Texas 75028.
What is the SIC code for Mannatech, Inc.?
The Standard Industrial Classification (SIC) code for Mannatech, Inc. is 2833, which corresponds to MEDICINAL CHEMICALS & BOTANICAL PRODUCTS.
What is the filing date of this 8-K report?
This 8-K report was filed on June 14, 2024.
Filing Stats: 562 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-06-13 18:18:55
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share MTEX The Nasdaq Stock Market
Filing Documents
- mtex-20240613.htm (8-K) — 31KB
- 0001056358-24-000048.txt ( ) — 151KB
- mtex-20240613.xsd (EX-101.SCH) — 2KB
- mtex-20240613_lab.xml (EX-101.LAB) — 21KB
- mtex-20240613_pre.xml (EX-101.PRE) — 12KB
- mtex-20240613_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders Mannatech, Incorporated (the "Company") held its 2024 Annual Shareholders' Meeting (the "Meeting") on June 11, 2024. The Company's shareholders considered three proposals, each of which were described in the Proxy Statement. A total of 1,169,637 shares were represented in person or by proxy at the Meeting, or approximately 62.1% of the total shares outstanding. The final results of votes with respect to the proposals submitted for shareholder vote at the Meeting are set forth below. Proposal 1 - Election of Directors Shareholders elected Larry A. Jobe and Kevin Robbins as Class I directors. Director For Withheld Broker Non-Votes Larry A. Jobe 650,526 217,958 301,153 Kevin Robbins 852,704 15,780 301,153 Proposal 2 - Ratification of the Appointment of the Company's Independent Registered Public Accounting Firm Shareholders ratified the appointment of BDO USA, P.C. as the Company's independent public accounting firm for the fiscal year ending December 31, 2024. For Against Abstain 1,155,620 11,025 2,992 Proposal 3 - Approval, on an advisory basis, of Executive Compensation ("Say-on-Pay") Shareholders approved, on an advisory basis, executive compensation. For Against Abstain Broker Non-Votes 840,162 26,601 1,721 301,153
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: June 13, 2024 MANNATECH, INCORPORATED By: /s/ Landen Fredrick Landen Fredrick Chief Executive Officer and Interim Chief Financial Officer