UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): September 15, 2015
| GENERAL EMPLOYMENT ENTERPRISES, INC. |
| (Exact name of registrant as specified in its charter) |
| Illinois | 1-05707 | 36-6097429 | ||
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) |
| 184 Shuman Blvd., Ste. 420, Naperville, Illinois | 60563 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (630) 954-0400
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:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.07. Submission of Matters to a Vote of Security Holders.
On September 15, 2015, the Company held its annual meeting of shareholders. The following matters were considered:
1. Election of Directors
Shareholders elected all of the Company’s nominees for director for one-year terms expiring on the next annual meeting of shareholders. The voting results were as follows:
|
| FOR |
|
| WITHHOLD |
|
| BROKER NON-VOTE |
| ||||
| Derek Dewan |
|
| 58,989,724 |
|
|
| 22,057 |
|
|
| 15,323,872 |
|
| Andrew J. Norstrud |
|
| 57,520,092 |
|
|
| 1,491,689 |
|
|
| 15,323,872 |
|
| Dr. Arthur B. Laffer |
|
| 58,989,757 |
|
|
| 22,024 |
|
|
| 15,323,872 |
|
| Peter Tanous |
|
| 58,989,757 |
|
|
| 22,024 |
|
|
| 15,323,872 |
|
| Thomas C. Williams |
|
| 58,989,757 |
|
|
| 22,024 |
|
|
| 15,323,872 |
|
| William Isaac |
|
| 58,989,757 |
|
|
| 22,024 |
|
|
| 15,323,872 |
|
| George A. Bajalia |
|
| 58,989,757 |
|
|
| 22,024 |
|
|
| 15,323,872 |
|
2. Approval and Ratification of Auditors
Shareholders approved and ratified the reappointment of Friedman LLP to serve as the Company’s independent registered public accounting firm for 2015. The voting results were as follows:
| FOR | AGAINST | ABSTAIN | ||
| 74,302,220 | 24,585 | 8,848 |
3. Approval of the Reverse Stock Split
Shareholders approved an amendment to the Company’s Amended and Restated Articles of Incorporation to effect a one-for-ten reverse stock split whereby every ten (10) shares of the authorized, issued and outstanding shares of Common Stock shall be combined into one (1) share of authorized, issued and outstanding Common Stock of the Company. The voting results were as follows:
| FOR | AGAINST | ABSTAIN | ||
| 73,635,659 | 193,129 | 506,865 |
4. Approval of the Capital Increase
Shareholders approved an amendment to the Company’s Amended and Restated Articles of Incorporation to increase the total number of authorized shares of Common Stock of the Company from 20,000,000, post Reverse Stock Split, to 200,000,000.
The voting results were as follows:
| FOR | AGAINST | ABSTAIN |
| BROKER NON-VOTE | ||
| 56,311,204 | 2,695,971 | 4,606 |
| 15,323,872 |
| 2 |
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, thereunto duly authorized.
| GENERAL EMPLOYMENT ENTERPRISES, INC. | |||
| (Registrant) | |||
| Date: September 15, 2015 | By: | /s/ Andrew J. Norstrud | |
| Andrew J. Norstrud | |||
| Chief Financial Officer | |||
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