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): December 12,
2019
DropCar, INC.
(Exact name of Registrant as specified in its charter)
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Delaware
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001-34643
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98-0204758
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(State or other jurisdiction
of incorporation)
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(Commission
File No.)
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(IRS Employer
Identification No.)
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DropCar, Inc.
1412 Broadway, Suite 2105
New York, New York 10018
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code:
(646) 342-1595
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:
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☐ Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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Title
of each class
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Trading
Symbol(s)
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Name of
each exchange on which registered
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Common
stock, par value $0.0001 per share
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DCAR
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The
Nasdaq Stock Market
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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.
(a)
On December 12, 2019, DropCar, Inc. (the
“Corporation”) held its 2019 annual meeting of
stockholders (the “Annual
Meeting”). At the Annual
Meeting, 2,500,095
of the holders of the total shares of
the Corporation were present in person or represented by proxy,
which represents 61.57%
of the total outstanding shares of the Corporation entitled to vote as of the record date of November
6, 2019.
(b)
The
following actions were taken in the Annual Meeting:
(1)
The following seven nominees were elected or
reelected to serve on the Board until the
Corporation’s 2020 annual
meeting of stockholders or until their respective successors
have been elected and qualified, or until their earlier resignation
or removal:
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Name of Director Nominees
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Votes For
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Votes Withheld
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Broker Non-Vote
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Joshua Silverman
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662,657
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276,659
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1,560,779
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Spencer Richardson
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662,484
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276,832
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1,560,779
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David Newman
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663,682
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275,634
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1,560,779
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Sebastian Giordano
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663,860
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275,456
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1,560,779
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Zvi Joseph
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662,536
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276,780
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1,560,779
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Solomon Mayer
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662,084
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277,232
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1,560,779
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Greg Schiffman
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662,323
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276,993
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1,560,779
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(2)
The selection of Friedman LLP as the Corporation’s independent registered
public accounting firm for the fiscal year ending December 31,
2019, was ratified, based on the following
votes:
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Votes For
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Votes Against
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Votes Abstain
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2,302,457
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106,582
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91,056
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(3)
The
compensation of the Corporation’s named executive officers,
as disclosed in the Corporation’s proxy statement, was
approved by an advisory vote, based on the following
votes:
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Votes For
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Votes Against
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Votes Abstain
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Broker Non-Vote
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639,240
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274,057
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26,019
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1,560,779
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SIGNATURES
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.
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DROPCAR, INC.
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Date:
December 12, 2019
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By:
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/s/
Spencer Richardson
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Name:
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Spencer
Richardson
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Title:
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Chief
Executive Officer
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