UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 13, 2024
CLIMB GLOBAL SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)
| | | |
Delaware | 000-26408 | 13-3136104 |
(State or other jurisdiction
of incorporation) | (Commission
File Number) | (IRS Employer
Identification No.) |
| | | |
4 Industrial Way West, Suite 300,
Eatontown, New Jersey | | 07724 |
| (Address of principal executive offices) | | (Zip Code) |
732-389-0932
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
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 (see General Instruction A.2 below):
| ☐ | 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)) |
Securities registered pursuant to Section 12(b) of the Act:
| | | | | |
| Title of each class | | Trading Symbol | | Name of each exchange on which registered |
| Common stock, par value $0.01 per share | | CLMB | | The Nasdaq Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
Climb Global Solutions, Inc. (the “Company”) held the 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”) on June 13, 2024. At the 2024 Annual Meeting, 3,553,910 shares of the Company’s common stock were represented either in person or by proxy, which is equal to 77.20% of the Company’s issued and outstanding common stock as of the record date. At the 2024 Annual Meeting, the Company’s stockholders (i) elected the seven nominees named below to the Company’s Board of Directors, to serve until the next annual meeting of the stockholders and until their successors are elected and qualified; (ii) approved a non-binding, advisory resolution approving the compensation of the Company’s named executive officers; and (iii) ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2024.
Proposal 1: Election of Directors — The final number of votes for, withheld or abstained from voting and broker-non-votes were as follows:
| | | | | | | | | |
Nominee | | Votes For | | Votes Withheld | | Votes Abstained | | Broker Non-
Votes |
| Jeff Geygan | | 2,233,837 | | 466,066 | | - | | 854,007 |
| John McCarthy | | 2,247,803 | | 452,100 | | - | | 854,077 |
| Andy Bryant | | 2,223,061 | | 476,842 | | - | | 854,077 |
| Dale Foster | | 2,556,382 | | 143,521 | | - | | 854,077 |
| Gerri Gold | | 2,248,703 | | 451,200 | | - | | 854,077 |
| Greg Scorziello | | 2,206,339 | | 493,564 | | - | | 854,077 |
| Kimberly Boren | | 1,963,174 | | 736,729 | | - | | 854,077 |
| | | | | | | | | |
Proposal 2: Advisory Resolution to Approve Compensation of the Company’s Named Executive Officers— The final number of votes cast for, against or abstaining from voting and broker non-votes were as follows:
| | | | | | | | |
Votes For | | Votes Against | | Votes Abstained | | Broker Non-Votes | |
| 2,379,043 | | 308,371 | | 12,489 | | 854,007 | |
Proposal 3: Ratification of the Appointment of Deloitte & Touche, LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ended December 31, 2024 — The final number of votes cast for, against or abstaining from voting and broker non-votes were as follows:
| | | | | | | | |
Votes For | | Votes Against | | Votes Abstained | | Broker Non-Votes | |
| 3,543,386 | | 3,838 | | 6,686 | | - | |
SIGNATURE
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 hereunto duly authorized.
| | | |
| | CLIMB GLOBAL SOLUTIONS, INC. |
| | |
| Date: June 13, 2024 | By: | /s/ Andrew Clark |
| | Name: | Andrew Clark |
| | Title: | Chief Financial Officer |
