Asset Entities Inc. Files 8-K on Shareholder Vote Matters
Ticker: SATA · Form: 8-K · Filed: Oct 2, 2024 · CIK: 1920406
| Field | Detail |
|---|---|
| Company | Asset Entities Inc. (SATA) |
| Form Type | 8-K |
| Filed Date | Oct 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-governance, shareholder-vote
TL;DR
AEI filed an 8-K for shareholder vote matters. Nothing specific yet.
AI Summary
Asset Entities Inc. filed an 8-K on October 2, 2024, reporting on matters submitted to a vote of security holders as of October 1, 2024. The filing details the company's incorporation in Nevada and its principal executive offices located at 100 Crescent Ct, 7th Floor, Dallas, TX 75201. No specific voting outcomes or details of the matters voted upon were provided in this excerpt.
Why It Matters
This filing indicates that Asset Entities Inc. is engaging in corporate governance activities requiring shareholder input, which is a standard but important procedural step for publicly traded companies.
Risk Assessment
Risk Level: low — The filing is a routine procedural update and does not contain information that inherently increases risk.
Key Players & Entities
- Asset Entities Inc. (company) — Filer of the 8-K report
- October 1, 2024 (date) — Earliest event date reported
- October 2, 2024 (date) — Date of the 8-K filing
- 100 Crescent Ct, 7th Floor, Dallas, TX 75201 (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of Asset Entities Inc. security holders?
The provided excerpt does not specify the exact matters that were submitted for a vote.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 1, 2024.
What is the principal executive office address for Asset Entities Inc.?
The principal executive offices are located at 100 Crescent Ct, 7th Floor, Dallas, TX 75201.
In which state was Asset Entities Inc. incorporated?
Asset Entities Inc. was incorporated in Nevada.
What is the SIC code for Asset Entities Inc.?
The Standard Industrial Classification (SIC) code for Asset Entities Inc. is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 714 words · 3 min read · ~2 pages · Grade level 12.9 · Accepted 2024-10-02 16:00:07
Key Financial Figures
- $0.0001 — hich registered Class B Common Stock, $0.0001 par value per share ASST The Nasdaq
Filing Documents
- ea021654001-8k_assetentities.htm (8-K) — 32KB
- 0001213900-24-084625.txt ( ) — 204KB
- asst-20241001.xsd (EX-101.SCH) — 3KB
- asst-20241001_lab.xml (EX-101.LAB) — 33KB
- asst-20241001_pre.xml (EX-101.PRE) — 22KB
- ea021654001-8k_assetentities_htm.xml (XML) — 4KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. On October 1, 2024, Asset Entities Inc., a Nevada corporation (the "Company"), held the Company's 2024 annual meeting of stockholders (the "Annual Meeting"). As of August 2, 2024, the record date for the Annual Meeting, there were (i) 3,220,186 shares of the Company's common stock outstanding, consisting of (a) 1,506,406 shares of Class A Common Stock, $0.0001 par value per share ("Class A Common Stock"), representing 15,064,060 votes entitled to vote on the proposals presented at the Annual Meeting, and (b) 1,713,780 shares of Class B Common Stock, $0.0001 par value per share ("Class B Common Stock"), representing 1,713,780 votes entitled to vote on the proposals presented at the Annual Meeting, and (ii) 320 shares of Series A Convertible Preferred Stock outstanding, representing, after application of the applicable beneficial ownership limitation, 2,463 votes entitled to vote on the proposals presented at the Annual Meeting, of which 15,487,487 votes, or approximately 92.29%, were present in person or represented by proxy, which constituted a quorum . The proposals are described in greater detail in the Company's Definitive Proxy Statement on Schedule 14A , as filed with the SEC on August 22, 2024 (the "Proxy Statement") , the relevant portions of which are incorporated by reference herein. Set forth below are the final voting results for each of the proposals submitted to a vote of the Company's stockholders at the Annual Meeting. (i) A proposal to elect the seven (7) nominees named in the Proxy Statement to the Company's board of directors to hold office until the Company's annual meeting of stockholders to be held in 2025. The proposal was approved as set forth below: Nominee For Withheld Broker Non-Votes Michael Gaubert 15,453,552 4,145 29,790 Arshia Sarkhani 15,456,856 841 29,790 Kyle Fairbanks 15,453,550 4,147 29,790 Richard A. Burton 15,457,472 225 29,7
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 2, 2024 ASSET ENTITIES INC. /s/ Arshia Sarkhani Name: Arshia Sarkhani Title: Chief Executive Officer and President