SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report:
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer |
| of Incorporation) | File Number) | Identification No.) |
(Address of principal executive offices)
Registrant's telephone number, including area code:
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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:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
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. ☐
Section 5 - Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders. Franklin Wireless Corp. held its Annual Meeting of Stockholders on December 21, 2023, in San Diego, California, at which a quorum of shareholders was present, in person or by proxy. The results of the matters voted on by the stockholders are set forth below. Only stockholders of record as of the close of business on October 12, 2023, were entitled to vote at the meeting.
The following proposals were submitted to the stockholders at the Meeting:
| · | The election of five directors to serve until the next annual meeting of shareholders of the Company and until their successors are duly elected and qualified. |
| · | The ratification of Simon & Edward, LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2024. |
| · | The resolution approving the compensation of the Company’s named executive officers. |
The number of votes cast for and against and the number of abstentions with respect to each matter voted upon are set forth below:
Election of Directors. The votes regarding the election of the persons named above as Directors were as follows:
| Nominee | For | Withheld | Abstain | |
| OC Kim | 5,368,552 | 385,607 | 3,013 | |
| Gary Nelson | 5,323,588 | 430,571 | 3,013 | |
| Kristina Kim | 5,366,139 | 385,521 | 5,513 | |
| Johnathan Chee | 5,322,753 | 428,906 | 5,513 | |
| Heidy Chow | 5,366,075 | 385,585 | 5,513 |
Ratification of Appointment of Simon & Edward, LLP as the Company's Independent Registered Public Accounting Firm for the 2024 fiscal year. The votes regarding the ratification of the appointment of Simon & Edward, LLP as Independent Registered Public Accounting Firm were as follows:
| For | Against | Abstain | |
| 6,659,511 | 1,184 | 572,312 |
Advisory vote approving the compensation of the Company’s named executive officers. The votes regarding the resolution approving the compensation of the Company’s named executive officers were as follows:
| For | Against | Abstain | |
| 5,277,329 | 477,672 | 2,171 |
| 1 |
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.
| FRANKLIN WIRELESS CORP. | |
| Date: December 27, 2023 | By: /s/ OC Kim |
| OC Kim, President |
| 2 |
Cover |
Dec. 27, 2023 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Dec. 27, 2023 |
| Entity File Number | 001-14891 |
| Entity Registrant Name | Franklin Wireless Corp. |
| Entity Central Index Key | 0000722572 |
| Entity Tax Identification Number | 95-3733534 |
| Entity Incorporation, State or Country Code | NV |
| Entity Address, Address Line One | 9707 Waples Street |
| Entity Address, Address Line Two | Suite 150 |
| Entity Address, City or Town | San Diego |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 92121 |
| City Area Code | 858 |
| Local Phone Number | 623-0000 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, par value $.001 per share |
| Trading Symbol | FKWL |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |