Current Report Filing (8-k)
20 5월 2022 - 11:03PM
Edgar (US Regulatory)
0001126961
false
0001126961
2022-05-18
2022-05-18
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO
SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 18, 2022
GrandSouth
Bancorporation
(Exact name of
registrant as specified in its charter)
South Carolina
(State or other jurisdiction of incorporation)
000-31937 |
57-1104394 |
(Commission File Number) |
(IRS Employer Identification No.) |
381 Halton Road, Greenville, South Carolina |
29607 |
(Address of principal executive offices) |
(Zip Code) |
(864) 770-1000
(Registrant’s telephone number, including area
code)
Not Applicable
(Former name or former address, if changed since last
report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
None |
|
None |
|
None |
Indicate by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders (the “Annual
Meeting”) of GrandSouth Bancorporation (the “Company”) was held on May 18, 2022 at 5:00 p.m. at the Company’s
principal executive office located at 381 Halton Road, Greenville, South Carolina 29607. Of the 5,198,542 shares of the Company’s
common stock outstanding at the Annual Meeting, there were present in person or by proxy 3,843,904 shares, representing approximately
73.94% of the total outstanding eligible votes. At the Annual Meeting, the shareholders of the Company: (1) elected thirteen directors
to each serve a one-year term on the Company’s board of directors; (2) approved an advisory resolution to approve the compensation
of the Company’s named executive officers; and (3) ratified the appointment of Elliott Davis, LLC as the Company’s independent
registered public accountants for the fiscal year ending December 31, 2022.
The final results of voting on each of the matters
submitted to a vote of shareholders during the Annual Meeting are as follows:
1. To elect thirteen directors
each to serve a one-year term expiring at the 2023 annual meeting of shareholders or until their respective successors are duly elected
and qualified:
Directors: |
For |
Withhold |
Abstain |
Broker Non-Vote |
Mason Y. Garrett |
3,241,778 |
6,149 |
4,400 |
591,577 |
Harold E. Garrett |
3,244,852 |
3,075 |
4,400 |
591,577 |
John B. Garrett |
3,243,352 |
4,575 |
4,400 |
591,577 |
Michael L. Gault |
3,242,840 |
7,686 |
1,801 |
591,577 |
Baety O. Gross, Jr. |
3,242,740 |
7,786 |
1,801 |
591,577 |
S. Hunter Howard, Jr. |
3,244,277 |
6,249 |
1,801 |
591,577 |
Anthony P. Morgan |
3,247,351 |
3,075 |
1,901 |
591,577 |
J. Randolph Potter |
3,242,740 |
7,686 |
1,901 |
591,577 |
J. Calhoun Pruitt, Jr. |
3,242,777 |
7,649 |
1,901 |
591,577 |
Edward M. Rast, Jr. |
3,245,914 |
4,612 |
1,801 |
591,577 |
James B. Schwiers |
3,244,713 |
3,075 |
4,539 |
591,577 |
John W. Shealy, Jr. |
3,245,814 |
4,612 |
1,901 |
591,577 |
LeeAnn Weber |
3,247,451 |
3,075 |
1,801 |
591,577 |
2. A non-binding, advisory vote,
to approve the compensation of the Company’s named executive officers (the “say-on-pay” vote):
For |
Against |
Abstain |
Broker Non-Vote |
3,240,699 |
8,988 |
2,640 |
591,577 |
3. To ratify the appointment of
Elliott Davis, LLC as the Company’s independent registered public accountants for the fiscal year ending December 31, 2022:
For |
Against |
Abstain |
3,843,801 |
3 |
100 |
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.
|
|
GRANDSOUTH BANCORPORATION |
|
|
|
|
|
|
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By: |
/s/ John B. Garrett |
|
|
|
Name: |
John B. Garrett |
|
|
|
Title: |
Chief Financial Officer |
|
Dated: May 20,
2022
Grandsouth Bancorporation (QX) (USOTC:GRRB)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Grandsouth Bancorporation (QX) (USOTC:GRRB)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024