CSP Inc. Schedules Shareholder Vote
Ticker: CSPI · Form: 8-K · Filed: Feb 6, 2025 · CIK: 356037
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
TL;DR
CSP Inc. is holding a shareholder vote, get ready for potential changes.
AI Summary
On February 4, 2025, CSP Inc. filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing, made on February 6, 2025, indicates a shareholder meeting or vote is scheduled or has occurred. Specific details regarding the matters to be voted on, such as proposals or resolutions, are not elaborated in this summary section of the filing.
Why It Matters
This filing signals a significant event where shareholders will have a say in corporate matters, potentially impacting the company's direction or governance.
Risk Assessment
Risk Level: medium — Shareholder votes can lead to significant changes in company strategy, leadership, or structure, introducing uncertainty.
Key Numbers
- 000-10843 — SEC File Number (Identifies the company's filing history with the SEC.)
- 04-2441294 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- CSP Inc. (company) — Registrant
- February 4, 2025 (date) — Earliest event date
- February 6, 2025 (date) — Filing date
- Massachusetts (location) — State of incorporation
- Lowell, MA (location) — Principal executive offices
FAQ
What specific matters are being submitted for a vote of security holders?
The filing indicates that matters are being submitted to a vote of security holders, but the specific proposals or resolutions are not detailed in the provided summary information.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 4, 2025.
What is the principal executive office address of CSP Inc.?
The principal executive office of CSP Inc. is located at 175 Cabot Street - Suite 210, Lowell, MA 01854.
Under which section of the Securities Exchange Act is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934.
What is the SIC code for CSP Inc.?
The Standard Industrial Classification (SIC) code for CSP Inc. is 7373, which corresponds to SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
Filing Stats: 558 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-02-06 15:13:21
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share CSPI Nasdaq Global Market
Filing Documents
- cspi-20250204x8k.htm (8-K) — 53KB
- 0000356037-25-000006.txt ( ) — 178KB
- cspi-20250204.xsd (EX-101.SCH) — 4KB
- cspi-20250204_def.xml (EX-101.DEF) — 3KB
- cspi-20250204_lab.xml (EX-101.LAB) — 17KB
- cspi-20250204_pre.xml (EX-101.PRE) — 11KB
- cspi-20250204x8k_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 2025 Annual Meeting held on February 4, 2025, of the 9,882,613 shares outstanding and entitled to vote, 7,281,537 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 2026 Annual Meeting or until their respective successors are elected and qualified, by the votes set forth in the table below. Nominee For Withhold Broker Non-Votes Victor Dellovo 5,373,512 186,789 1,721,236 Ismail "Izzy" Azeri 5,218,463 341,838 1,721,236 Anthony Folger 5,386,653 173,648 1,721,236 Stephen Webber 5,387,153 173,148 1,721,236 Marilyn T. Smith 5,267,073 293,228 1,721,236 Item No. 2: Advisory vote to approve the compensation paid to the Company's named executive officers, voted as follows: For Against Abstain Broker Non-Votes 4,977,528 321,853 260,920 1,721,236 Or Item No. 3: Approval of the CSP Inc. 2025 Stock Incentive Plan voted as follows: For Against Abstain Broker Non-Votes 3,481,638 1,810,417 268,246 1,721,236 Item No. 4: Ratification of the appointment of RSM US, LLP as the Company's independent auditors for fiscal 2025 voted as follows: For Against Abstain 7,107,255 154,424 19,858 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 6, 2025 By: /s/Gary W. Levine Gary W. Levine Chief Financial Officer