UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On August 29, 2025, Iveda Solutions, Inc. (the “Company”) reconvened its 2024 Annual Meeting of Stockholders (the “Meeting”). At the meeting, 1,409,415 shares of the Company’s common stock entitled to vote at the Meeting, as of the record date of October 7, 2024, were present in person or by proxy, representing 58.5% of the Company’s outstanding voting capital stock and constituting a quorum for the transaction of business.
At the Meeting, a majority of the outstanding shareholders of the Company approved (Proposal 5) the issuance of: (i) 625,000 Series A Common Stock Purchase Warrants at an exercise price of $3.44 per common share; (ii) 625,000 Series B Common Stock Purchase Warrants at an exercise price of $3.44 per common share; and (iii) the shares of the Company’s common stock upon the exercise of such Series A and Series B Warrants. Each proposal is described in more detail in the Company’s Proxy Statement filed with the Securities and Exchange Commission on October 7, 2024.
The voting results of the shares of the Company’s voting stock for the proposal are set forth below:
Proposal 5 – To approve the issuance of the warrants and the shares of common stock underlying the exercise of such warrants:
Votes For | Votes Against | Votes Abstained | ||
1,253,925 | 121,349 | 34,141 |
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.
IVEDA SOLUTIONS, INC. | ||
Date: August 29, 2025 | By: | /s/ David Ly |
Name: | David Ly | |
Title: | Chief Executive Officer |