Ring Energy Files 8-K on Shareholder Vote Matters

TL;DR

RING filed an 8-K on shareholder votes, standard corporate update.

AI Summary

Ring Energy, Inc. filed an 8-K on May 28, 2024, reporting on matters submitted to a vote of its security holders as of May 23, 2024. The filing details the company's corporate information, including its incorporation in Nevada and its principal business in crude petroleum and natural gas extraction.

Why It Matters

This filing provides an update on corporate governance and shareholder decisions, which can impact investor confidence and the company's strategic direction.

Risk Assessment

Risk Level: low — This is a routine corporate filing detailing a shareholder vote, not indicating any immediate operational or financial distress.

Key Players & Entities

• RING ENERGY, INC. (company) — Registrant
• 0001384195 (company) — Central Index Key
• NV (company) — State of Incorporation
• 1311 (company) — Standard Industrial Classification Code for Crude Petroleum & Natural Gas
• 20240523 (date) — Date of earliest event reported
• 20240528 (date) — Date of Report

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value REI NYSE American Indicat

Filing Documents

• rei-20240523.htm (8-K) — 42KB
• 0001628280-24-025419.txt ( ) — 166KB
• rei-20240523.xsd (EX-101.SCH) — 2KB
• rei-20240523_lab.xml (EX-101.LAB) — 22KB
• rei-20240523_pre.xml (EX-101.PRE) — 13KB
• rei-20240523_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. On May 23, 2024, at the 2024 annual meeting of stockholders (the "Meeting") of Ring Energy, Inc. (the "Company"), the Company's stockholders voted on the proposals identified below. These proposals were described in detail in the Company's definitive Proxy Statement for the Meeting filed with the Securities and Exchange Commission on April 16, 2024 . At the close of business on March 28, 2024, the record date for the Meeting, 197,934,202 shares of common stock, $0.001 par value per share (the "Common Stock") of the Company, were issued and outstanding and entitled to vote at the Meeting. Stockholders owning a total of 143,561,216 shares of Common Stock were represented at the Meeting, which represented approximately 72.5% of the shares of the Common Stock outstanding as of the record date for the Meeting. Proposal 1 - Election of Directors Each of the seven nominees for director was duly elected by the Company's stockholders, with votes as follows: Nominee For Withheld Broker Non-Votes John A. Crum 89,962,068 7,359,766 46,239,382 David A. Habachy 89,955,295 7,366,539 46,239,382 Richard E. Harris 89,956,835 7,364,999 46,239,382 Paul D. McKinney 93,572,268 3,749,566 46,239,382 Thomas L. Mitchell 94,318,212 3,003,622 46,239,382 Anthony B. Petrelli 89,419,073 7,902,761 46,239,382 Regina Roesener 84,110,105 13,211,729 46,239,382 Proposal 2 - Advisory Vote on Executive Compensation The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers, by the following vote: For Against Abstentions Broker Non-Votes 78,393,932 18,613,984 313,918 46,239,382 Proposal 3 – Ratification of Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for fiscal year 2024 by the following vote: For Against Abstentions 138,400,

View Full Filing

View this 8-K filing on SEC EDGAR