Rafael Holdings Files 8-K on Shareholder Vote Matters
Ticker: RFL · Form: 8-K · Filed: Jan 16, 2024 · CIK: 1713863
Complexity: simple
Sentiment: neutral
Topics: shareholder-vote, corporate-governance, 8-K
TL;DR
**Rafael Holdings just filed an 8-K about a shareholder vote, signaling upcoming key corporate decisions.**
AI Summary
Rafael Holdings, Inc. filed an 8-K on January 16, 2024, reporting an event that occurred on January 10, 2024, related to the submission of matters to a vote of security holders. This filing indicates that the company, headquartered at 520 Broad Street, Newark, New Jersey, is engaging its shareholders on important corporate decisions. For investors, this matters because shareholder votes often concern significant strategic changes, such as mergers, acquisitions, or executive compensation, which can directly impact the company's future performance and stock value.
Why It Matters
This filing signals that Rafael Holdings is putting key decisions before its shareholders, which could involve significant corporate actions impacting the company's direction and financial health.
Risk Assessment
Risk Level: low — This filing is purely procedural, indicating a shareholder vote will occur, but doesn't disclose the nature of the vote, so the immediate risk is low.
Analyst Insight
Investors should monitor future filings from Rafael Holdings for details regarding the specific matters submitted to a security holder vote, as these will reveal the nature and potential impact of the decisions being made.
Key Players & Entities
- Rafael Holdings, Inc. (company) — the registrant filing the 8-K
- January 10, 2024 (date) — date of earliest event reported
- January 16, 2024 (date) — date the 8-K was filed
- 520 Broad Street, Newark, New Jersey (location) — principal executive offices of Rafael Holdings, Inc.
- 212-658-1450 (phone_number) — registrant's telephone number
FAQ
What is the purpose of this 8-K filing by Rafael Holdings, Inc.?
The purpose of this 8-K filing is to report the 'Submission of Matters to a Vote of Security Holders,' as indicated in the 'ITEM INFORMATION' section of the filing.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 10, 2024, as stated under 'Date of Report (Date of earliest event reported): January 10, 2024'.
What is the business address of Rafael Holdings, Inc.?
The business address of Rafael Holdings, Inc. is 520 Broad Street, Newark, New Jersey 07102, as listed in the 'BUSINESS ADDRESS' section of the filing.
What is the Commission File Number for Rafael Holdings, Inc.?
The Commission File Number for Rafael Holdings, Inc. is 1-38411, as specified in the filing.
Is Rafael Holdings, Inc. an emerging growth company?
No, Rafael Holdings, Inc. is not an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 779 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-01-16 07:50:55
Key Financial Figures
- $0.1 — tered Class B common stock, par value $0.1 per share RFL New York Stock Exchan
Filing Documents
- ea191652-8k_rafael.htm (8-K) — 50KB
- 0001213900-24-003527.txt ( ) — 218KB
- rfl-20240110.xsd (EX-101.SCH) — 3KB
- rfl-20240110_lab.xml (EX-101.LAB) — 33KB
- rfl-20240110_pre.xml (EX-101.PRE) — 22KB
- ea191652-8k_rafael_htm.xml (XML) — 3KB
07 Submission
Item 5.07 Submission of Maters to a Vote of Security Holders. (a) Rafael Holdings, Inc.'s (the "Company") Annual Meeting of Stockholders was held on January 10, 2024 (the "Meeting"). (b) (1) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company. The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Vote % Votes For Susan Y. Bernstein 3,631,422 7,558 1,432 481,138 88.11 Stephen M. Greenberg 3,567,480 71,108 1,824 481,138 86.56 Howard S. Jonas 3,561,682 77,309 1,422 481,138 86.42 Mark A. McCamish 3,567,810 71,174 1,423 481,142 86.56 Michael J. Weiss 3,511,327 127,645 1,440 481,138 85.19 (2) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the ratification of the appointment of CohnReznick LLP as the Company's independent registered public accounting firm for the Fiscal Year ending July 31, 2024. The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 4,109,091 1,673 10,786 0 99.70 (3) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with an advisory vote on the compensation of the "Named Executive Officers" identified in the 2023 Summary Compensation Table in the "Executive Compensation" section of the 2023 Proxy Statement. The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 3,598,791 12,916 28,704 481,1
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. RAFAEL HOLDINGS, INC. By: /s/ William Conkling Name: William Conkling Title: Chief Executive Officer Dated: January 16, 2024 2