ltbr_8k.htm

 

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): May 20, 2019

 

LIGHTBRIDGE CORPORATION

(Exact name of registrant as specified in its charter)

 

Nevada

 

001-34487

 

91-1975651

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

11710 Plaza America Drive, Suite 2000

Reston, VA 20190

(Address of principal executive offices, including zip code)

 

(571) 730-1200

(Registrant’s Telephone Number, Including Area Code)

 

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:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

o 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(s):

 

Name of Each Exchange

on Which Registered:

Common Stock, $0.001 par value

 

LTBR

 

The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company o

 

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. o

 

 
 
 
 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

Lightbridge Corporation (the “Company”) held its 2019 Annual Meeting of Stockholders on May 20, 2019 in McLean, Virginia. At the Annual Meeting, the Company’s stockholders voted on: (i) the election of five director nominees, (ii) the approval, on an advisory basis, of the compensation of the Company’s named executive officers, and (iii) ratification of BDO USA, LLP as the Company’s independent registered public accounting firm for fiscal year 2019. The results of the votes are set forth below.

 

Proposal No. 1 – Election of Directors

 

The following nominees were elected as directors by the votes indicated to serve until the Company’s next annual meeting of stockholders, as set forth in the proxy statement:

 

Nominee

 

For

 

 

Withheld

 

 

Broker-Non Vote

 

Seth Grae

 

 

9,287,096

 

 

 

2,554,426

 

 

 

15,507,416

 

Thomas Graham, Jr.

 

 

10,625,397

 

 

 

1,216,125

 

 

 

15,507,416

 

Victor Alessi

 

 

10,635,126

 

 

 

1,206,396

 

 

 

15,507,416

 

Kathleen Kennedy Townsend

 

 

10,611,685

 

 

 

1,229,837

 

 

 

15,507,416

 

Daniel Magraw

 

 

11,364,703

 

 

 

476,819

 

 

 

15,507,416

 

 

Proposal No. 2 – Advisory Vote on Executive Compensation

 

The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement was approved by the stockholders by the following vote:

 

For

 

Against

 

Abstain

 

Broker-Non Vote

6,612,494

 

5,102,450

 

126,578

 

15,507,416

 

Proposal No. 3 – Ratification of Auditors

 

The proposal to ratify the selection of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019 was approved by the stockholders by the following vote:

 

For

 

Against

 

Abstain

26,705,760

 

231,260

 

411,918

 

 

2

 
 

 

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.

 

 

LIGHTBRIDGE CORPORATION

 

Dated: May 20, 2019

By:

/s/ Seth Grae

 

Name:

Seth Grae

 

Title:

President and Chief Executive Officer

 

 

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