UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
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ITEM 1.02. TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
On July 13, 2023, Nocopi Technologies, Inc. (the “Company”) received written notification from Santander Bank, N.A. confirming that the Company’s request to terminate that certain Business Loan Agreement with Santander Bank, N.A. relating to the Company’s business line of credit was granted on June 30, 2023.
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
The Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”) was held on Wednesday, July 12, 2023. As of the close of business on May 15, 2023, the Company had outstanding 9,251,178 shares of common stock, of which 8,202,715 shares were represented at the meeting by proxy and in person; accordingly, a quorum was constituted. The matters voted upon and the final results of the voting were as follows:
Proposal 1: Election of Directors
The following persons were elected to the Board of Directors to serve until the 2026 Annual Meeting of Stockholders or until their successors have been duly elected or appointed and qualified:
Name | Votes For | Votes Against | Votes Withheld | Broker Non-votes | ||||||||||||
Matthew C. Winger | 6,563,627 | 3,499 | 10 | 1,635,579 | ||||||||||||
Joseph K. Raymond | 6,549,722 | 14,531 | 2,883 | 1,635,579 |
Proposal 2: Ratify Morison Cogen LLP as the Company’s Independent Registered Public Accounting Firm
The following votes were cast with respect to Proposal 2. The proposal was approved.
For | Against | Abstain | Broker Non-votes | |||||||||||
7,515,199 | 684,946 | 2,570 | — |
Proposal 3: Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers
The following votes were cast with respect to Proposal 3. The proposal was approved.
For | Against | Abstain | Broker Non-votes | |||||||||||
6,562,926 | 3,628 | 582 | 1,635,579 |
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit No. | Description of Exhibit | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |
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.
NOCOPI TECHNOLOGIES, INC. | ||
Dated: July 17, 2023 | By: | /s/ Michael A. Feinstein |
Michael A. Feinstein | ||
Chief Executive Officer |