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): December 16, 2022 (December 14, 2022 )
(Exact name of Registrant as specified in its charter)
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices including zip code)
(704 ) 275-9113
(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:
Securities registered or to be 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.
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Item 5.07 Submission of Matters to a Vote of Security Holders.
The Annual Meeting of Stockholders of Altisource Asset Management Corporation (the "Company") was held on December 14, 2022 (the "Annual Meeting"). On the record date for the Annual Meeting (October 26, 2022), an aggregate of 1,777,205 shares of common stock were outstanding and entitled to vote at the Annual Meeting. The final results for each matter submitted to a vote of stockholders at the Annual Meeting were as follows:
(i) The following Directors were elected to serve until the Company's 2023 Annual Meeting of Stockholders and until their successors are duly elected and qualified by the following vote:
| Name | For | Against | Abstentions | Broker Non-Votes | ||||||||||||||||||||||
| Ricardo C. Byrd | 964,920 | 61,046 | 1,169 | 533,003 | ||||||||||||||||||||||
| John A. Engerman | 978,615 | 47,351 | 1,169 | 533,003 | ||||||||||||||||||||||
| John P. de Jongh, Jr. | 979,216 | 47,350 | 569 | 533,003 | ||||||||||||||||||||||
| Jason Kopcak | 1,025,250 | 1,316 | 569 | 533,003 | ||||||||||||||||||||||
(ii) The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2022 was ratified by the following vote:
| For | Against | Abstentions | ||||||||||||
| 1,557,393 | 1,178 | 1,567 | ||||||||||||
(iii) The compensation of the Company's named executive officers as disclosed in the proxy statement was approved, on an advisory basis, by the following vote:
| For | Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 1,021,553 | 3,353 | 2,229 | 533,003 | |||||||||||||||||
Item 9.01 Financial Statements and Exhibits.
Exhibit No. | Description | |||||||
| 101 | Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language) | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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, thereunto duly authorized.
Altisource Asset Management Corporation | ||||||||
| December 16, 2022 | By: | /s/ Kevin Sullivan | ||||||
Kevin Sullivan General Counsel | ||||||||