Turbo Energy Reports 2024 Shareholder Meeting Results

TL;DR

Turbo Energy held its shareholder meeting Jan 25, 2024, results filed today.

AI Summary

Turbo Energy, S.A. held its Ordinary General Shareholders' Meeting on January 25, 2024, in Valencia, Spain. The company is filing this report on Form 6-K to disclose the results of this meeting. The record date for determining shareholders entitled to vote was May 23, 2024.

Why It Matters

This filing provides transparency on corporate governance decisions made by Turbo Energy's shareholders, which can impact future company strategy and performance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of meeting results and does not contain new financial or operational information that would immediately impact risk.

Key Players & Entities

• Turbo Energy, S.A. (company) — Registrant
• January 25, 2024 (date) — Date of Shareholder Meeting
• May 23, 2024 (date) — Record Date for Shareholder Meeting
• Valencia, Spain (location) — Location of Principal Executive Office and Meeting

FAQ

Filing Documents

• ea0208563-6k_turbo.htm (6-K) — 35KB
• ea020856301ex99-1_turbo.htm (EX-99.1) — 15KB
• ex99-1_001.jpg (GRAPHIC) — 7KB
• 0001213900-24-056162.txt ( ) — 60KB

From the Filing

OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of, June 2024 Commission File Number: 001-41813 TURBO ENERGY, S.A. (Name of Registrant) Street Isabel la Católica, 8, Door 51, Valencia, Spain 46004 (Address of Principal Executive Office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS Turbo Energy, S.A. (“Turbo Energy” or the “Company”) is filing this Report on Form 6-K to report the results of the Company’s Ordinary General Shareholders’ Meeting (the “Meeting), held at its registered offices, Calle Isabel la Católica, 8 Oficinas 50-51, 46004 Valencia, Spain, on Tuesday, January 25, 2024 at 5:00 p.m. (UTC-01:00). As of the record date, May 23, 2024, the Company had 55,085,700 Ordinary Shares issued and outstanding. 91.2%, or 50,244,350 shares, were voted and a quorum was achieved. The shareholders voted on and approved eight proposals at the Meeting. The final results for the votes regarding each proposal are set forth below: Proposal #1: To elect seven persons to the Board of Directors (the “Board”) of the Company, each to serve until the next annual general meeting of shareholders, or until such person’s successor is duly elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal. FOR AGAINST ABSTAIN 50,118,350 126,000 0 Proposal #2: To ratify the appointment of TAAD, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. FOR AGAINST ABSTAIN 50,244,350 0 0 Proposal #3: To assess and, where appropriate, approval of the individual annual accounts (balance sheet, profit and loss account, statement of changes in equity for the year, cash flow statement and notes to the annual accounts), as well as the management report, as required under the Spanish law FOR AGAINST ABSTAIN 50,240,850 500 3,000 Proposal #4: To exam and, where appropriate, approval of the individual annual accounts’ proposed results allocation, as required under the Spanish law. FOR AGAINST ABSTAIN 50,240,850 500 3,000 Proposal #5 : To exam and, where appropriate, approval of the management of the Company by the Board of Directors for the fiscal year ended December 31, 2023, as required under the Spanish law. FOR AGAINST ABSTAIN 50,239,850 1,500 3,000 1 Proposal #6: To exam and, where appropriate, approval the delegation to the Board of the power to carry out capital increases, within the limit provided for in Article 297.1.b of the Spanish Companies Act, up to half of the share capital at the date of the authorization, within the legal period of one year from the date of this Annual Meeting, with the possibility of carrying out the increase on one or more occasions and with the power to exclude the right of subscription in whole or in part, in accordance with the provisions of Article 506 of the Spanish Companies Act. This delegation to increase the share capital excluding subscription rights may not exceed twenty percent of the Company’s share capital. FOR AGAINST ABSTAIN 50,236,700 7,650 0 Proposal #7: To exam and, where appropriate, approval to authorize, as the case may be, the Board for a non-extendable period of one year, pursuant to the provisions of Article 319 of the Commercial Registry Regulations and 511 of the Spanish Companies Act, and on one or more occasions, to issue bonds or bonds convertible and/or exchangeable for shares of the Company, including instruments of a similar nature, convertible or exchangeable for shares of the Company, or which may directly or indirectly entitle the Board to subscribe shares of the Company, including warrants, with express powers to exclude pre-emptive subscription rights in issues, with the Board being empowered to set the conditions thereof, in accordance with the conversion bases agreed by the shareholders’ meeting, and to proceed with the capital increases required for their conversion, excluding the shareholders’ pre-emptive rights, provided that when exercising the delegation, the mandatory reports required by current legislation are submitted, both by the Board itself and by the Independent Auditor appointed if necessary. The maximum amount of the issues authorized under said delegation may not exceed the global amount of 60,000,000 Euros, nor may the individual issue in each case require the simultaneous approval of a capital increase of more than twenty percent of the total capital resulting therefrom. Furthermore, in the event that the pre-empti

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View this 6-K filing on SEC EDGAR