Item 5.07. Submission of Matters to a Vote of Security Holders.
On August 16, 2022, Hour Loop, Inc. (the "Company") held its 2022 virtual annual meeting of stockholders (the "Annual Meeting") to vote on the following matters:
1. Election of Directors
Each of the following five nominees was elected to the Company's Board of Directors, in accordance with the voting results listed below, to serve for a term of one year, until the next annual meeting of stockholders and until their successors have been duly elected and have qualified.
Broker Non-
Nominee For Against Abstain Votes
Sam Lai 33,408,931 8,795 6,490 493,866
Sau Kuen (Maggie) Yu 33,408,830 8,987 6,399 493,866
Douglas Branch 33,410,923 8,574 4,719 493,866
Michael Lenner 33,410,912 8,585 4,719 493,866
Minghui (Alan) Gao 33,409,151 8,575 6,490 493,866
2. Non-binding Advisory Vote on Executive Compensation
Stockholders voted to approve the following resolution, in accordance with the voting results listed below: "RESOLVED, that the stockholders of Hour Loop, Inc. approve, on an advisory basis, the compensation paid to the Named Executive Officers, as disclosed in the proxy statement for the 2022 Annual Meeting of Stockholders pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Executive Compensation Summary section, compensation tables and narrative discussion, and other related disclosure."
For Against Abstain Broker Non-Votes 33,393,917 26,932 3,367 493,866
3. Non-binding Advisory Vote on Frequency of Executive Compensation Advisory Vote
Stockholders voted, on a non-binding, advisory basis, for every three years as the frequency for the Company's executive compensation advisory vote, in accordance with the voting results listed below.
One Year Two Years Three Years Abstain 42,388 6,398 33,374,218 1,212
4. Ratification of the Company's Independent Auditors
Stockholders ratified the appointment of TPS Thayer, LLC as the independent auditors of the Company for the fiscal year ending December 31, 2022, in accordance with the voting results listed below.
For Against Abstain Broker Non-Votes 33,886,355 25,944 5,783 -
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)© Edgar Online, source Glimpses