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Society Pass Incorporated (NASDAQ:SOPA) reported the results of its annual meeting of stockholders held Tuesday. According to a press release statement based on an SEC filing, 84.39% of eligible votes were represented either virtually or by proxy, establishing a quorum.
Shareholders voted on two proposals. The first was the election of directors. Nominees Travis Washko, Vincent Puccio, Mark Carrington, and Michael Freed each received approximately 96.6% of votes cast in favor, with less than 0.2% withheld. Michael Dunn received 96.57% of votes in favor, with 0.21% withheld. Loic Gautier received 0.58% of votes in favor, with 1.07% withheld and 33 million votes against.
The second proposal concerned the ratification of the company’s independent registered public accounting firm. Shareholders approved this proposal with 99.63% of votes in favor, 0.26% against, and less than 0.1% abstaining.
Following the meeting, Loic Gautier resigned as a director of Society Pass, effective immediately. The company stated that the resignation was not due to any disagreement with the board or the company.
Society Pass is incorporated in Nevada and its common stock is listed on The Nasdaq Stock Market LLC under the symbol SOPA. The information in this article is based on a press release statement and an SEC filing submitted Friday.
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