OmniQ Corp. shareholders approve directors, auditor, and equity plan at annual meeting

OmniQ Corp. (NASDAQ:OMQS), a $1.44 million market cap technology company with annual revenues of $71.77 million, reported the results of its 2025 Annual Meeting of Stockholders, held Tuesday at its headquarters in Murray, Utah, according to a statement based on a recent SEC filing. According to InvestingPro data, the company’s stock has shown significant momentum, gaining over 62% in the past six months despite challenging market conditions.

Shareholders representing approximately 61% of the company’s outstanding common stock, including votes on an as-converted basis from Series C Preferred Stock, participated in the meeting. Three proposals were presented to shareholders.

The first proposal, the election of directors, resulted in the re-election of Shai Lustgarten and Guy Elhanani to the board. Lustgarten received 4,298,918 votes in favor and 591,581 votes withheld. Elhanani received 4,304,218 votes in favor and 586,281 votes withheld. There were 2,161,348 broker non-votes recorded for this proposal.

The second proposal, to ratify the appointment of Haynie & Company as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, was approved. Votes in favor totaled 6,841,755, with 95,104 against and 114,988 abstentions.

The third proposal, approval of the company’s 2025 Equity Incentive Plan, also passed. There were 4,217,122 votes in favor, 647,439 against, and 25,938 abstentions.

Additionally, OmniQ Corp. announced the relocation of its principal executive offices, effective Tuesday, to 696 West Confluence Avenue, Murray, Utah 84123. The company’s telephone number remains unchanged.

All information is based on a press release statement contained in the company’s Form 8-K filing with the Securities and Exchange Commission.

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