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Polished.com (POL)

Employees
Data from SEC filings
Employee count
Shareholder alignment
Vote support at last AGM

On December 21, 2021, 1847 Goedeker Inc. (the “Company”) held its annual meeting of stockholders via live audio webcast (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on four proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on November 18, 2021 (the “Proxy Statement”). At the beginning of the Annual Meeting, there were 69,899,351 shares of common stock present or represented by proxy at the Annual Meeting, which represented 65.70% of the shares of common stock entitled to vote at the Annual Meeting, and which constituted a quorum for the transaction of business. Holders of the Company’s common stock were entitled to one vote for each share held as of the close of business on November 17, 2021.

The stockholders of the Company voted on the following proposals at the Annual Meeting:

1.To elect the eight (8) nominees identified in the Proxy Statement to serve as directors on the Board of Directors for the ensuing year.

2.To ratify the appointment of Friedman LLP as independent registered public accounting firm for the fiscal year ending December 31, 2021.

3.To approve an amendment to the Company’s amended and restated certificate of incorporation to increase the number of shares of common stock that the Company is authorized to issue from 200,000,000 shares to 250,000,000 shares.

4.To approve an amendment to the 1847 Goedeker Inc. 2020 Equity Incentive Plan to increase the number of shares of common stock available for issuance under such plan from 1,000,000 shares to 11,000,000 shares and eliminate the fungible share counting provision contained in such plan.

The Company’s inspector of elections certified the following vote tabulations:

Proposal 1: Election of Directors

NomineeForWithheldBroker Non-Votes
Ellery W. Roberts44,311,9426,687,53718,899,872
Albert Fouerti50,682,095330,47118,899,872
Ellette A. Anderson42,719,8028,286,41018,899,872
Clark R. Crosnoe45,883,9965,117,08518,899,872
Glyn C. Milburn49,891,1631,104,10818,899,872
G. Alan Shaw46,164,3814,848,36418,899,872
Alan P. Shor50,054,998947,70618,899,872
Edward J. Tobin44,972,2966,028,80518,899,872

Each of the eight nominees for director was elected to serve until the next annual meeting of stockholders and until his or her successor has been elected and qualified, or until his or her earlier resignation or removal.

Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm

ForAgainstAbstained
67,168,2682,089,316641,767

There were no broker non-votes on this proposal.

The stockholders ratified the appointment of Friedman LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2021.

Proposal 3: Approval of Amendment to Amended and Restated Certificate of Incorporation

ForAgainstAbstained
56,441,70213,399,25058,397

There were no broker non-votes on this proposal.

The stockholders approved an amendment to the Company’s amended and restated certificate of incorporation to increase the number of shares of common stock that the Company is authorized to issue from 200,000,000 shares to 250,000,000 shares.

Proposal 4: Approval of Amendment to the 1847 Goedeker Inc. 2020 Equity Incentive Plan

ForAgainstAbstainedBroker Non-Votes
44,377,0116,534,036123,68118,899,872

The stockholders approved an amendment to the 1847 Goedeker Inc. 2020 Equity Incentive Plan to increase the number of shares of common stock available for issuance under such plan from 1,000,000 shares to 11,000,000 shares and eliminate the fungible share counting provision contained in such plan.


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