UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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EXPLANATORY NOTE
On October 5, 2023, Arcimoto, Inc. (the “Company”) held a special meeting of shareholders, which was adjourned in order to solicit additional proxies to meet the quorum requirement and reconvened on October 13, 2023 (the “Special Meeting”). The Company filed its definitive proxy statement for the Special Meeting with the U.S. Securities and Exchange Commission on September 11, 2023, as supplemented by the additional definitive proxy materials filed on September 20, 2023 and October 10, 2023 (the “Definitive Proxy Statement”), which description is incorporated herein by reference.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On October 13, 2023, of the 8,805,897 shares of the Company’s common stock outstanding and entitled to vote at the Special Meeting, there were present, in person or by proxy, 3,042,655 shares, representing approximately 34.55% of the total voting power of all of the outstanding common stock. At the Special Meeting, the shareholders voted on the Preferred Stock and Warrant Share Issuance Proposal, as described in greater detail in the Company’s Definitive Proxy Statement.
The Preferred Stock and Warrant Share Issuance Proposal. The shareholders of the Company voted to approve, for purposes of complying with Nasdaq Listing Rule 5635(d), the full issuance of shares of common stock issuable by the Company upon conversion of the Series D Preferred Stock (as defined in the Definitive Proxy Statement) and the Warrants (as defined in the Definitive Proxy Statement). The final voting results were as follows:
| For | Against | Abstain | Broker Non-Vote | |||||||||||
| 2,498,700 | 245,160 | 298,795 | — | |||||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ARCIMOTO, INC. | ||
| Date: October 13, 2023 | By: | /s/ Christopher W. Dawson |
| Christopher W. Dawson | ||
| Chief Executive Officer | ||
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