8-K 1 fonar_annual-meeting.htm RESULTS OF ANNUAL MEETING - ITEM 5.07

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Act of 1934

 

Date of Report (Date of earliest event reported): June 20, 2019

 

 

   FONAR CORPORATION   
   (Exact name of registrant as specified in its charter)   
       
DELAWARE  0-10248  11-2464137
(State or other jurisdiction of Incorporation or organization)  (Commission File Number)  (I.R.S. Employer Identification No.)
       
   110 Marcus Drive Melville, New York 11747 (631) 694-2929   
   (Address, including zip code, and telephone number of registrant's principal executive office)   

 

 

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

 

The Annual Meeting of Stockholders of Fonar Corporation (the "Company") was held at 10:00 a.m. on May 20, 2019 at the Double Tree Hotel, Wilmington Downtown, 700 King Street, Wilmington, Delaware 19801. At the meeting, the items of business were (1) to elect five Directors to the Board of Directors, (2) to approve, on an advisory basis, the compensation of the Company’s named executive officers, (3) to approve, on an advisory basis, the frequency of the advisory vote on executive compensation, (4) to ratify the selection of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2019, and (5) to transact such other business as may properly come before the meeting.

 

The stockholders elected Raymond V. Damadian, M.D., Claudette J. V. Chan, Robert J. Janoff, Charles N. O'Data and Ronald G. Lehman, all of whom were sitting directors, as the directors of the Company. The stockholders also approved the compensation of the named executive officers, and ratified the selection of Marcum LLP as the Company’s auditors for the fiscal year ending June 30, 2019. 

FONAR CORPORATION AND SUBSIDIARIES 

 

The votes for each of the nominees for director were as follows:

 

Nominee  For  Withheld  Broker Non-Votes
Raymond V. Damadian   10,882,588    2,286,756    1,994,687 
Claudette J.V. Chan   11,213,203    1,896,141    1,994,687 
Robert J. Janoff   12,756,354    352,990    1,994,687 
Charles N. O'Data   12,782,588    326,756    1,994,687 
Ronald G. Lehman   12,981,506    127,838    1,994,687 

 

The votes to approve, on an advisory basis, executive compensation were as follows:

 

For  Against  Abstain  Broker Non-Votes
 12,934,198    152,938    22,208    1,994,687 

 

 

The votes recommending the frequency of the advisory vote on executive compensation were as follows:

 

One Year  Two Years  Three Years  Abstain
 12,687,881    14,577    379,297    27,589 

 

The votes for the ratification of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2019 were as follows:

 

For  Against  Abstain
 14,657,756    206,813    239,462 

 

The votes for the authorization to vote, in their discretion, upon such other business as may properly come before the meeting.

 

For  Against  Abstain  Broker Non-Votes
 10,302,336    2,715,147    91,861    1,994,687 

 

 

 FONAR CORPORATION AND SUBSIDIARIES 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

     FONAR CORPORATION
     (Registrant)
     By: /s/ Raymond V. Damadian
     Raymond Damadian
     Chairman of the Board
   
     By: /s/ Timothy R. Damadian
     Timothy R. Damadian
     President and Principal Executive Officer
   
 

 

 

 

Dated: May 21, 2019