Item 5.07. Submission of Matters to a Vote of Security Holders.
On October 25, 2022, the Company held its Special Meeting of Stockholders (the
"Special Meeting"). Of the 34,221,081 shares of our common stock, par value
$0.01 per share ("Common Stock") outstanding as of September 22, 2022, holders
of 18,168,780 shares of Common Stock were represented, either by attending the
Special Meeting or by proxy, constituting (i) a quorum under the Company's
bylaws and (ii) approximately 53% of the outstanding shares of Common Stock
entitled to vote. The matters voted on at the Special Meeting and the votes cast
with respect to each such matter are set forth below.
Dissolution Proposal. To approve the voluntary liquidation and dissolution of
the Company (the "Dissolution Proposal") pursuant to the Plan of Dissolution
(the "Plan of Dissolution") which authorizes the Company to liquidate and
dissolve the Company in accordance with the Plan of Dissolution.
The Dissolution Proposal was approved based on the following results of voting:
For Against Abstain Broker Non-Votes
17,862,543 266,437 39,800 -
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