SPAR Group Files 8-K with Shareholder Votes & Exhibits
Ticker: SGRP · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1004989
| Field | Detail |
|---|---|
| Company | Spar Group, Inc. (SGRP) |
| Form Type | 8-K |
| Filed Date | Oct 25, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, financials
TL;DR
SPAR Group filed an 8-K on 10/25/24 covering shareholder votes and financial exhibits.
AI Summary
SPAR Group, Inc. filed an 8-K on October 25, 2024, reporting on matters submitted to a vote of security holders and other events. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in Auburn Hills, MI.
Why It Matters
This 8-K filing provides updates on corporate actions and financial information, which are crucial for investors to assess the company's governance and financial health.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant negative news or events.
Key Players & Entities
- SPAR Group, Inc. (company) — Registrant
- October 25, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Auburn Hills, MI (location) — Address of Principal Executive Offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
What is the significance of the 'Other Events' section in this filing?
The 'Other Events' section typically covers material events that the company deems important enough to report to the SEC outside of the standard reporting categories.
What type of financial statements and exhibits are included in this 8-K?
The filing states that 'Financial Statements and Exhibits' are included, but the specific nature or content of these documents is not detailed in the provided text.
When was SPAR Group, Inc. incorporated?
SPAR Group, Inc. was incorporated in Delaware.
What is the principal business address of SPAR Group, Inc.?
The principal executive offices of SPAR Group, Inc. are located at 1910 Opdyke Court, Auburn Hills, MI 48326.
Filing Stats: 1,051 words · 4 min read · ~4 pages · Grade level 11 · Accepted 2024-10-25 16:07:34
Key Financial Figures
- $0.01 — ge on which registered Common Stock , $0.01 par value SGRP The Nasdaq Stock Mark
Filing Documents
- sgrp20241022_8k.htm (8-K) — 47KB
- ex_737643.htm (EX-99.1) — 12KB
- spar01.jpg (GRAPHIC) — 8KB
- 0001437749-24-032130.txt ( ) — 206KB
- sgrp-20241025.xsd (EX-101.SCH) — 3KB
- sgrp-20241025_def.xml (EX-101.DEF) — 11KB
- sgrp-20241025_lab.xml (EX-101.LAB) — 15KB
- sgrp-20241025_pre.xml (EX-101.PRE) — 11KB
- sgrp20241022_8k_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. The information set forth in the Introductory Note of this Current Report on Form 8-K is incorporated by reference into this Item 5.07. The Corporation held a special meeting of stockholders at 12:00 PM (noon), Eastern Time on October 25, 2024 (the " Special Meeting "). At the Special Meeting, the Corporation's stockholders voted on three proposals as set forth below, each of which was described in detail in the Company's definitive proxy statement, dated October 2, 2024 (the " Proxy Statement "). The number of votes cast for and against and the number of abstentions and broker non-votes with respect to each proposal voted upon are set forth below. As of the close of business on the record date for the Special Meeting, which was October 1, 2024, there was 23,448,675 shares of Common Stock, outstanding and entitled to vote at the Special Meeting. A total of 11,905,347 shares of Common Stock, representing 50.8% of the shares of Common Stock outstanding as of the record date for the Special Meeting, were represented in person or by proxy and entitled to vote at the Special Meeting, and constituted a quorum to conduct business at the Special Meeting. 1. The Merger Proposal : The approval of a proposal to adopt and approve the Merger Agreement and the transactions contemplated thereby, including the Merger. The Merger Proposal was approved as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 11,891,675 12,498 1,174 - 2. The Adjournment Proposal : To adjourn the Special Meeting to a later date or dates if necessary to solicit additional proxies if there are insufficient votes to adopt and approve the Merger Agreement and the transactions contemplated thereby, including the Merger. The Adjournment Proposal was approved as set forth below: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 11,276,713 34,161 594,473 - In ligh
01. Other Events
Item 8.01. Other Events. On October 25, 2024, the Corporation issued a press release announcing the results of the Special Meeting, a copy of which is filed herewith as Exhibit 99.1 and is incorporated into this Current Report on Form 8-K by reference in its entirety.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: 99.1 Press Release, dated October 25, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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 thereunto duly authorized. SPAR Group, Inc. Date: October 25, 2024 By: /s/Michael R. Matacunas Michael R. Matacunas, President & CEO