CSP Inc. /MA/ Files 8-K on Shareholder Vote Submission
Ticker: CSPI · Form: 8-K · Filed: Feb 8, 2024 · CIK: 356037
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, 8-K
TL;DR
**CSP Inc. filed an 8-K about submitting matters to a shareholder vote.**
AI Summary
CSP Inc. /MA/ filed an 8-K on February 8, 2024, reporting an event that occurred on February 6, 2024, related to the submission of matters to a vote of security holders. This filing indicates that the company is engaging its shareholders on important decisions, which is a standard corporate governance practice. For investors, this means the company is proceeding with formal processes that could impact its future direction, making it important to monitor the outcomes of these votes.
Why It Matters
This filing signals that CSP Inc. is moving forward with shareholder votes on key corporate matters, which could influence the company's strategic direction and operational policies. Investors should pay attention to the details of these votes as they become public.
Risk Assessment
Risk Level: low — This 8-K is a procedural filing about submitting matters to a shareholder vote, which is a routine corporate governance event and does not inherently indicate high risk.
Analyst Insight
A smart investor would monitor future filings from CSP Inc. for the specific details and outcomes of the shareholder votes mentioned in this 8-K, as these could reveal strategic shifts or important corporate decisions.
Key Players & Entities
- CSP Inc. /MA/ (company) — the registrant filing the 8-K
- February 6, 2024 (date) — date of the earliest event reported
- February 8, 2024 (date) — date the 8-K was filed
- 000-10843 (other) — Commission File Number for CSP Inc.
- 04-2441294 (other) — IRS Employer Identification No. for CSP Inc.
FAQ
What is the purpose of this 8-K filing by CSP Inc. /MA/?
The 8-K filing by CSP Inc. /MA/ on February 8, 2024, is to report the 'Submission of Matters to a Vote of Security Holders', with the earliest event reported occurring on February 6, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 6, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is CSP Inc.'s Commission File Number?
CSP Inc.'s Commission File Number is 000-10843, as indicated in the filing.
Where is CSP Inc.'s principal executive office located?
CSP Inc.'s principal executive office is located at 175 Cabot Street - Suite 210, Lowell, MA 01854, according to the filing.
Is CSP Inc. considered an 'emerging growth company' based on this filing?
No, the filing indicates with a '☐' (unchecked box) that CSP Inc. is not an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 521 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-02-08 12:06:43
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share CSPI Nasdaq Global Market
Filing Documents
- cspi-20240206x8k.htm (8-K) — 43KB
- 0000356037-24-000007.txt ( ) — 167KB
- cspi-20240206.xsd (EX-101.SCH) — 4KB
- cspi-20240206_def.xml (EX-101.DEF) — 3KB
- cspi-20240206_lab.xml (EX-101.LAB) — 17KB
- cspi-20240206_pre.xml (EX-101.PRE) — 11KB
- cspi-20240206x8k_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. (b) At the Company's 2024 Annual Meeting on February 6, 2024, of the 4,727,573 shares outstanding and entitled to vote, 2,893,259 shares were represented, constituting a quorum. The final results for each of the matters submitted to a vote of shareholders at the Annual Meeting, as certified by the Inspector of Elections for the Meeting, are as follows: Item No. 1 : Election of five directors to serve until the Company's 2025 Annual Meeting or until their respective successors are elected and qualified, by the votes set forth in the table below. Nominee For Withhold Victor Dellovo 2,141,835 87,276 Charles Blackmon 2,104,140 124,971 Ismail "Izzy" Azeri 2,073,016 156,095 C. Shelton James 2,126,810 102,301 Marilyn T. Smith 2,106,134 122,977 Item No. 2: Advisory vote to approve the compensation paid to the Company's named executive officers, voted as follows: Or For Against Abstain 1,833,828 348,823 46,460 Item No. 3: Ratification of the appointment of RSM US, LLP as the Company's independent auditors for fiscal 2024 voted as follows: Or For Against Abstain 2,868,209 19,954 5,096 SIGNATURE 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. CSP INC. Date: February 8, 2024 By: /s/Gary W. Levine Gary W. Levine Chief Financial Officer